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balharbi
May 13, 2020 8:58 PM
SPCE
Long
NYSE:SPCE
240
Virgin Galactic Holdings, Inc.
NYSE
Description
⋅
May 13, 2020 8:58 PM
support
Support and Resistance
Comments
ProfitHarvest
⋅
May 19, 2020 1:57 AM
You need more lines :)
bward3251
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May 19, 2020 2:35 AM
@ProfitHarvest
, RSI is getting to very oversold area, how are you so confident it doesn't pop from being oversold and then hold 50MA at $16.10?
ProfitHarvest
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May 22, 2020 8:40 PM
@bward3251
, Too volatile and difficult to value/price to hold to a long term support (or SMAs) like this.
I would argue recent trends are much more important for determining future price movement for this particular stock.
We're gonna see $12 as long as positive news doesn't drop:
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