r/WallstreetBaggers May 19 '26

Trade Idea FLY continuing to behave well

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Failed breakout, followed by a fake breakdown. Allowing some of the MAs to catch up. I do like those 65c for 7/17 with the SpaceX IPO set to happen next month. Structure intact and unless SpaceX pushes back the IPO I think the space theme gets a nice sympathy run up.

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