stockonomy

BUY $SPCE - 02.22.2021

Long
NYSE:SPCE   VIRGIN GALACTIC HLDGS INC
tockonomy Weekly Pick 02.22.2021

$SPCE has seen a strong run-up in recent weeks on strong volume .

Volume has since dried up on a pullback to 50% Fib Levels and an oversold StochRSI.

Comments

it is not based at all on technicals...the rise is based on one thing. If they get the Test Flight up in February we fly if we don't we die. An experienced Disney Fun Guy is not going to get us breaking out above $60 which is hugely overvalued at this point.
+2 Reply
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