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michalbeca1
Mar 31, 2021 2:49 PM

SPCE news Long

Virgin Galactic Holdings, Inc.NYSE

Description

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 NYSE: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

Comments
michalbeca1
Land Rover has announced a three-year extension to its global partnership with Virgin Galactic, the world’s first commercial ‘spaceline’.
kgill088
Nice work, totally agree with, wait till end of April. It will pump.
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