The Golden Buy opportunity was april 23, 2024
SPCE has been slowly finding a bottom. from what I understand, Virgin Galactic has had a phenomenal year this year. The numbers have been looking better and better as they have been getting closer and closer to their full launching stage. They are projecting more trips into space as of next year. Buying shares now will put shareholders in a prime position over the next 10+ years. I am projecting a 5x share price growth over the next year.
Dynamic Moving Averages
I use Dynamic moving averages to show me goo entries and where potential bottoms would be. Using the averages I see that we are starting to trade higher than the 5-day moving average. This symbolizes an increased trade interest. While there is a big Bear still holding a massive, short position, it does appear the value of the short positions are steadily decreasing. Is this the time to start buying at a rapid scale? I do own position in SPCE. I have always advocated for SPCE I do feel like they are a prominent company and have a world changing product.
SPCE has been slowly finding a bottom. from what I understand, Virgin Galactic has had a phenomenal year this year. The numbers have been looking better and better as they have been getting closer and closer to their full launching stage. They are projecting more trips into space as of next year. Buying shares now will put shareholders in a prime position over the next 10+ years. I am projecting a 5x share price growth over the next year.
Dynamic Moving Averages
I use Dynamic moving averages to show me goo entries and where potential bottoms would be. Using the averages I see that we are starting to trade higher than the 5-day moving average. This symbolizes an increased trade interest. While there is a big Bear still holding a massive, short position, it does appear the value of the short positions are steadily decreasing. Is this the time to start buying at a rapid scale? I do own position in SPCE. I have always advocated for SPCE I do feel like they are a prominent company and have a world changing product.