$SPCE long? Massive move incoming?

65
SPCE is starting to look really interesting here. It's been in a downtrend for years but the chart is starting to shape up.

If price can break up above $4.43, then I think it's likely that we could see a strong move to one of the resistance levels above.

We've already had multiple tests of resistance weakening it, and bc the consolidation has been so long, I think a breakout could lead to a massive move.

Will likely take a stab at this trade with both spot and options if we can see a retest of one of the lower support levels.

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.