SPCE - Looking for bounce at the support Long

Virgin Galactic Holdings, Inc.NYSE

Description

⋅ Aug 11, 2021 9:05 AM

Hello everyone,

I hope you are all doing well!

Virgin Galactics has clearly been making moves inside the channel and has bounced from the resistance as expected.

We would want to be looking for Long positions at the support.

Have an amazing day!

Comments

ydah

⋅ Aug 12, 2021 6:49 PM

I think you were a little off. SPCE is on its way to $20

donaitelo

⋅ Sep 10, 2021 9:50 AM

@ydahman, Hey, no way I could have predicted the way SPCE was handled by the management nor the investigation news and possible flight delays. I still beleive in the company as it is sitting on a nice support, however, $20 is definetly not out of the picture. Thanks for commenting!

Najah000

⋅ Aug 11, 2021 2:17 PM

27 brother what do you think next ?

donaitelo

⋅ Aug 12, 2021 7:12 AM

@Najah000, Hey, thanks for commenting. I am waiting for $25 and $22 as those are the big supports that we have. Sadly, the channel broke out and it will be fulfiled, however, to the downside. Take care!