[SPCE] Space Treasure Map: Nearing Floor Again... LOAD UP TIME!
Time to get back to my roots B).
I'm in 3% at $15.90.
I decided not to cash in on this last FOMO at all mostly because I thought it had a real chance of breaking to new highs. I sometimes cash at the 50% mark for whatever stocks but the ones I really believe in for the long term I'll typically wait for at least 100% ROI to begin taking profits and load those same shares back up over time at a nice discount when possible.
Anyway, we've now been gifted with a nice pullback and great time to load up more shares.
Anything around and especially under the green line is still great value here. This will pop off sometime this year or next and is perfect for any FOMO riders out there who are looking to play some intra-year multibagger swings. Next earnings is probably the most likely catalyst here.
I would still love to get in around $12, which was the target in my last SPCE idea before this recent FOMO. That basically is represented by the middle red line here. I really don't expect it to fall much below that but anything under is fantastic value.
Maybe one day the market will tank and accelerate us well below the green line...
I'm in 3% at $15.90.
I decided not to cash in on this last FOMO at all mostly because I thought it had a real chance of breaking to new highs. I sometimes cash at the 50% mark for whatever stocks but the ones I really believe in for the long term I'll typically wait for at least 100% ROI to begin taking profits and load those same shares back up over time at a nice discount when possible.
Anyway, we've now been gifted with a nice pullback and great time to load up more shares.
Anything around and especially under the green line is still great value here. This will pop off sometime this year or next and is perfect for any FOMO riders out there who are looking to play some intra-year multibagger swings. Next earnings is probably the most likely catalyst here.
I would still love to get in around $12, which was the target in my last SPCE idea before this recent FOMO. That basically is represented by the middle red line here. I really don't expect it to fall much below that but anything under is fantastic value.
Maybe one day the market will tank and accelerate us well below the green line...
Comment:
Still lookin like the flow, Price hugging to bottom of uptrend channel.
Comment:
![[SPCE] Launching to the MOON: Follow the Dashed GREEN Road!](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
![[SPCE] Launching to the MOON: Follow the Dashed GREEN Road!](https://s3.tradingview.com/v/vLY3vCEN_big.png)
Data analyst with a passion for best fit lines B)
We may be at the floor here people.