[SPCE] 56 Likely MAX Peak... May Need One More Landing First!

Virgin Galactic Holdings, Inc.NYSE

Description

⋅ Jan 26, 2021 8:14 PM

We're still well below there it may fall short but it's unlikely to go over.

Thinkin we probably get a retrace back to purple after this runup.

Comment

⋅ Jan 27, 2021 5:10 PM

We hit $60, EXACTLY on the growth fractal line lol...

Comments

daweizhang0202

⋅ Jan 27, 2021 6:47 PM

Thanks! What will be the price entry point?

psbassin

⋅ Jan 26, 2021 11:07 PM

Thanks! If it does indeed go to $56 would it retrace to the upper purple line or lower? So about $46 if upper? Appreciate your input.

samitrading

⋅ Jan 26, 2021 8:26 PM

Nice call bud. ;-) .

wish you the best.

Lionhead

⋅ Jan 26, 2021 8:22 PM

Great analysis!
Another one of those situations where I wish I put in more than just 1.5% of my portfolio. Still, will just buy more next time it consolidates! Definitely believe that it's a long-term commercial space stock.

TheSignalyst

⋅ Jan 26, 2021 8:16 PM

What a massive move

psbassin

⋅ Jan 27, 2021 10:17 PM

Thank you - amazing call! So where do you see it retracing to before continuing it's climb?thanks

evanlineberry

⋅ Jan 27, 2021 5:07 PM

So it hit 58 around your 56 point! Ha

MymermidonX

⋅ Jan 27, 2021 3:02 AM

Thanks for your analysis :)