NYSE:SPCE   Virgin Galactic Holdings, Inc.
The first powered test from Spaceport America was scheduled for December but computer trouble caused by electromagnetic interference prevented the spaceship’s rocket from firing properly. The test was rescheduled for February but then scrapped as the team continued working on the interference issue. Colglazier said the flight now is scheduled for May.

Fundamentals: Whenever a new test flight was announced, the SPCE price increased.

Technical Analysis: MACD crossing, we can see reflection from the support and overcoming resistance
Comment:
I recommend starting with a smaller goal at price 38, then waiting for a minor correction
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.