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jacobosiason7

Falling Wedge- Bullish

Long
Virgin Galactic Holdings, Inc. (NYSE:SPCE)  
jacobosiason7  
NYSE:SPCE   Virgin Galactic Holdings, Inc.
Trend Analysis Chart Patterns Technical Indicators Bullish Patterns breakout support_and_resistance supply_and_demand oversold hidden_divergence gap_fill falling_wedge swingtrading
5
1
trendanalysis chartpattern indicator bullish breakout support_and_resistance supply_and_demand oversold hidden_divergence gap_fill falling_wedge swingtrading
SPCE starting to catch my eye here after selling off for quite some time in addition to getting beaten down amidst all of the intraday volatility. SPCE holding a big falling wedge, buyers starting to step in, RSI finally starting to come out of oversold territory. Additionally worth noting that SPCE has a space flight next month could act as a catalyst.- Bullish and will be looking for a breakout from this wedge (Broader Markets Permitting) - Just some support and resistance levels along with some RSI-based supply and demand zones to keep an eye on in the meantime - Bullish and looking for a breakout from this wedge - (See charts attached in the description below)

- Falling Wedge on the 4-hour and Daily Timeframes
- MACD Cross & Bullish Hidden Divergence on the RSI on the Daily & 4-Hour Timeframe (See Attached Chart Below)
- Small Gap Fill on the Upside Circa $23.03-21.74 (See Attached Chart Below)
- Bollinger Bands Squeezing & Buyer Volume Starting to Pick Up Relative to Seller Volume

PT1- $15.09
PT2- $15.90
PT3- $16.44
PT4- $16.87+

--4-Hour Timeframe--
snapshot
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