jwakeling23

SPCE up and downs before next test flight - Long

Long
NYSE:SPCE   Virgin Galactic Holdings, Inc
I've been looking at the historical data for SPCE around test flight windows and It history was to repeat itself we could have similar hype and spikes leading up to and after the test fight (providing it's successful)

When the test flight failed it fell 30% and stayed around the $24 price before then rocketing up 137% to $62

Since the news of the test flight being postponed it’s already dropped 33% to around $34 I can see it bouncing around the $32-34 price for around a month and then I can see it going up when the test flight window gets closer.

Then I can see test flight build up taking us to around $52 and if successful I think it should push to $90!