FAA Expands Company’s Commercial Space Transportation Operator License To Allow Carriage of Space Flight Participants (source: Virgin Galactic website, 25th)
Most rocket factories are of military nature. Then, there is SpaceX, Blue Origin, and Virgin Galactic. But it is only Virgin Galactic that focuses all its efforts on space tourism. Thereby, the importance of a new license carries incredible importance.
As you could see, I've been longing since 25.63 For all investors believing that space exploration is the future of humanity, Virgin Galactic is currently the best pick. SpaceX is clearly ahead of all but is not available for public trading. Other potentials such as Boeing keep the space lower as the priorities go.
Although Virgin wants to do tourism, they still collect data for NASA & lift up satellites to supplement their income nicely. In fact, I believe it was two days ago when a flight was pre-planned to happen originally (LauncherOne mission), but it is eyeing the first week of July now.
With nice news between Thursday/Friday sessions and the first launch to be streamed live, this company is likely to remain bullish for a minimum of two next weeks.
However, entering the market might be difficult as high volatility will cause frequent overshoots and stop-outs. Hopefully, there will an opportunity for late investors to enter as I believe reclaiming of February highs is just a matter of time.
Good luck!
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LoL, such growth supported by so much volume, is unparalleled in the history of SPCE. I don't see it stopping anytime soon.
Thank you for sharing, where you see it it good entry point
OrcChieftain
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@Najah000, Near 10 Moving Average calculated from candle lows (green line on my chart). But I am not an expert on stocks, I just trade a few from the military and mining sectors.
Najah000
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@greenmask9, well deserve to follow
Najah000
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@greenmask9, hope you are doing very well, thanks for idea again, i want ask you please if you can analyses for us NAKD ?