SPCXUSDTSpaceX

This trade involved a short position on SpaceX (SPCXUSDT). The manager entered the market at a price of 167.13 and closed the position at 163.36. The trade was opened on 2026-10-05 and remained active for three days, closing on 2026-10-08. Because the price decreased during this period, the short direction resulted in a profit. The page displays a result of +108.83% for this specific transaction.

At the moment of entry, the technical picture showed strong upward momentum in the hourly candles. The RSI(14) indicator stood at 78.4, which is high and often suggests an overbought condition. The MACD line was above its signal line with a histogram of 0.10% of price, indicating bullish pressure. Bollinger Bands showed a %B value of 1.44, meaning the price was pushing against the upper band, while the band width was 3.0% of price. Volume in the last hour was ×38.9 of the previous 20-hour average, and the price had changed by +3.33% over the prior 24 hours.

During the holding period, the price moved significantly against the position before reversing. The highest price reached was 176.31, creating a worst move from entry of −5.49%. Conversely, the lowest price hit was 161.62, representing the best move in favor of the trade at +3.30% from the entry point. The exit price of 163.36 sat between these extremes but closer to the favorable low. At the moment of exit, the RSI(14) had dropped sharply to 23.7, reflecting a shift in market sentiment.

For readers new to this type of trading, understanding the mechanics is essential. A short position profits when the asset price falls, whereas a long position profits when it rises. The leverage setting for this trade was ×50. This account setting magnifies both gains and losses relative to the capital used. It does not change the direction of the trade but increases the percentage impact of price movements. Marks on the chart show entries and exits clearly, allowing investors to see exactly where positions were opened and closed without ambiguity.

This instrument falls under us stocks, offering a different dynamic compared to other asset classes managed by Sufics. For comparison, the manager also executed trades in other sectors during the same period. In the cryptocurrency sector, a long position on ZECUSDT 2026-10-12 resulted in a gain of +158.84%. In the metals sector, another long trade on XAGUSDT 2026-10-13 yielded a result of +32.91%. These examples illustrate how different markets behave independently, with varying volatility and return profiles across distinct asset categories.

Investors often search for guidance on how to invest into stock or other instruments. This page provides historical data from closed trades to demonstrate past performance only. It is important to note that the result of one trade says nothing about future results. The figures shown are historical records and do not constitute financial advice. Past results do not guarantee future returns, and market conditions can change rapidly.