Well played, Virgin Galactic!
SPCE is far away from being done. Another 23% down to 23 is expected in the incoming weeks. I'm expecting the gap from May to be filled before our next move up. Those who bought this at the top thinking it will go to 80, like I said in my previous post, the run to 80 will happen but should take some time. The company has proven itself on its path forward. Their commercial fights will soon take off and more investors will pour in again. But for the time being, buckle up! This ship is going down.
SPCE is far away from being done. Another 23% down to 23 is expected in the incoming weeks. I'm expecting the gap from May to be filled before our next move up. Those who bought this at the top thinking it will go to 80, like I said in my previous post, the run to 80 will happen but should take some time. The company has proven itself on its path forward. Their commercial fights will soon take off and more investors will pour in again. But for the time being, buckle up! This ship is going down.
Comment:
We see accumulation around 30. This could be a sign of reversal or continuation. Most likely the latter. Let's see.
Comment:
almost there.
Trade closed: target reached
