NYSE:SPCE   Virgin Galactic Holdings, Inc.
Signals for a bullish Butterfly pattern currently forming.

We might be gearing up for a possible retracement back into the $35-$40 range upon completion of the butterfly, which is where I’d look for an entry.

SPCE seems to be consolidating for the moment, as it builds momentum for the next push to an all time high.

As we gear up and advance towards the July 11th launch date, I expect the volume and volatility to spring back into action for us investors.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.