SpaceX Breakout: How to Trade Momentum (And Scale Out Profits) (Your Market Update Video)

After months of rangebound action following its IPO initial price level around $150, SpaceX (SPCX) is finally breaking loose with a strong momentum surge. In this update, we break down how momentum strategies differ from traditional trend-following, why taking partial profits along the way is crucial, and how to set disciplined exit rules if the stock surrenders over 60% of its initial breakout move. Watch to see how to stay with winning trades while actively protecting gains.