[SPCE] Super Wedge Short Setup... Heading to $12?
Hangin on by it's fingernails right now. Not even all the hype today could save them.
I haven't been trading very long but I'm guessing the 10, 50, 100, 200 SMAs all running simultaneously into a giant wedge pattern where the price just broke below channel support and is barely clinging to long term support is spectacularly bearish. Bust out the popcorn folks!
RSI and Volume indicators not looking great either.
I haven't been trading very long but I'm guessing the 10, 50, 100, 200 SMAs all running simultaneously into a giant wedge pattern where the price just broke below channel support and is barely clinging to long term support is spectacularly bearish. Bust out the popcorn folks!
RSI and Volume indicators not looking great either.
Comment:
Holding great so far! Lets get to $12.
![[SPCE] Strong MACD and RSI Downward Trend Channels.. Wait for It](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
![[SPCE] Strong MACD and RSI Downward Trend Channels.. Wait for It](https://s3.tradingview.com/r/RgmhQTgT_big.png)
Data analyst with a passion for best fit lines B)
