STOCKS | Analyst Ali Sees SpaceX Stock Facing Key Resistance at $165

An analyst said SpaceX stock has reached a key resistance level at $165, which is viewed as the top of its price channel. According to Odaily, the analyst Ali wrote on X that as long as $165 is not decisively broken, the short-term outlook carries a risk of a pullback. Ali said the price could retreat to $157 and potentially fall further toward the lower boundary of the channel near $149. He added that if the price breaks above $165 and holds that level, it would invalidate the current bearish structure and could open upside room, with a target near $180.