[SPCE] BLAST OFF! Coming Back for Another Landing Though
It's not even fair, my SPCE fractals just hit on point every time lol.
Literally bouncing exactly between my purple downtrend and green uptrend lines back and forth for months B).
I rebought the entire 50% stake I sold off at ~33 from last spike at ~25, didn't sell this time though. Would have been nice to catch that peak today, just hard to nail the timing and know the momentum but based on the downchannel catching Price and holding it strong I'm expeting reversion and another buy opp before we get back to the top green line.
Decent chance it breaks through and holds but I think this is just temporary ARKK Space ETF FOMO.
Literally bouncing exactly between my purple downtrend and green uptrend lines back and forth for months B).
I rebought the entire 50% stake I sold off at ~33 from last spike at ~25, didn't sell this time though. Would have been nice to catch that peak today, just hard to nail the timing and know the momentum but based on the downchannel catching Price and holding it strong I'm expeting reversion and another buy opp before we get back to the top green line.
Decent chance it breaks through and holds but I think this is just temporary ARKK Space ETF FOMO.
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I did sell off another chunk at 32 expecting it to come back down. So far it does look like it still wants a retrace but I'm still holding most my position in case we see green again.
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Looks like it could be using the downtrend fractal as a launchpad back up to green or beyond but hard to say, keep an eye!
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I sold another chunk at 33, this is what's happening, still expect it to land again but looking for a break here if it is gonna runup to green again...
Comment:
May be floating to green line...
Data analyst with a passion for best fit lines B)
