A trading take on SPCX arguing that buying while it's still falling is gambling, not investing — cautious and risk-focused.

• SPCX has not formed any bottom yet, with no higher low on the daily chart to signal a low is in.
• Trying to catch the exact bottom while the stock keeps dropping is just guessing.
• Waiting for a clear structure — a confirmed higher low — is the safer, more profitable play.
• You don't need the perfect entry price to make good money on a real setup.

Outlook: Stay on the sidelines until SPCX builds a higher low and a bottom becomes obvious.