Good Morning
Been studying with Atlas sell off in Space Sector this am, used multiple sources to see who was selling
$ASTS $RKLB $SATL $SIDU $FLY $MNTS $SPCX $SATS $LUNR
I used
$ASTS for data mostly Dark pools and π
Per Atlas β
$ASTS dropped -15.5% Friday into the
$SPCX debut.
But hereβs what retail missed: dark pool share FELL to 43% (vs 46% avg) on the flush. π
Translation: that wasnβt institutions distributing. That was lit-market panic getting absorbed.
Retail sold the open. Dark pools didnβt blink.
~19.75% SI BlueBird 8-10 launch June 17. Shorts are exposed.
Not financial advice. π°οΈβ
Bottom line Big funds were accumulating, no distribution while retail was chasing
$SPCX
Monday we could see more selling, however 78-82 should hold. Will see