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Tim Knight Says SpaceX Just Broke the Line That Kept Dragging It Back

NowPress play to follow along0:00 / 13:16
Chapters8 segments · tap to seek
ticker lesson

Breakdown

0:00SPACEX· ticker

SpaceX — $150 price line, escape velocity, revenue beat

  • 150 price line powerful electromagnet
  • escape velocity reached
  • revenue beat, profit beat
  • slow climb to 151.25
  • lower 160s expression
1:51INQ· ticker

INQ — upday, ES red, trendline failures

  • INQ upday, strongest futures
  • ES blinking red
  • trendline failures need heating
  • 536 SMH crucial support
3:49TESLA· ticker

Tesla — trendless market, earnings report, weakness expected

  • 80-day ES net change zero
  • Tesla trending lower
  • 200-day SMA proximity
  • position closure ahead of earnings
5:48CHINA FXI· ticker

China FXI — trending lower, substantial top

  • China trending lower 3-4 months
  • substantial top in place
  • China unaffected by SpaceX
7:53MEXICO EWW· ticker

Mexico EWW — symmetric triangle, shooting star pattern

  • symmetric triangle pattern
  • shooting star at peak
  • potential quick move lower on global weakness
9:44UFO· ticker

UFO — SpaceX dominance, bearish chart

  • SpaceX 16% of UFO
  • bearish chart despite gains
  • EV sector consolidation, SpaceX monopoly
11:31RIVIAN· ticker

Rivian — failed base building, higher lows disrupted

  • higher lows disrupted
  • base building failed
  • Tesla remains dominant
13:11lesson

EV industry — charging network, tax credits, market dominance

  • charging network impact
  • tax credits gone
  • Tesla dominant, others struggling

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