TradingView
ProfitHarvest
Aug 17, 2020 10:38 PM

[SPCE] Edge of Great Value Range... Support Retest Holds! Long

Virgin Galactic Holdings, Inc.NYSE

Description

$17 is the strongest AT S/R followed by $15.

That's the sweet spot people if it can make it down, lets hope for some action in that range.

Comment

Broke under upchannel, got caught on top of value channel, retested bottom of upchannel and now stuck in between. Lookin like it will break into value channel here but really could go either way.

Given the "strong market performance" (aka strong FANNG performance) today and poor performance, it will probably slide some more into value range as the market approaches an inevitable pullback.

Comment

Nailed that bottom call on Sep 4th lol. The center of that channel held very nicely as well.

It's almost like it's being guided by my lines B)

Comment

More