Hi, this is a Technical Analysis on Virgin Galactic (SPCE), it is viewed on the 1 Week timeframe.
Our current candle is currently in the process of breaking out BELOW our UPSloping Support Trend Line, highlighted by the RED circle.
Note: The candle closes, end of trading session on 7th of August, Monday. Meaning our current candle is not accurate, so we need...
Customers can make an initial deposit of $150,000 from a total cost of $450,000 for a 90-minute spaceflight, which includes “several minutes of out-of-seat weightlessness,” the company said.
My price target is the $14 resistance.
Looking forward to read your opinion about it.
Virgin Galactic Holdings, Inc. an integrated aerospace company, develops manned spaceflight for individuals and researchers in the United States. It also manufactures air and space vehicles.
SPCE switched from vertical growth and fall to sideways accumulation. SPCE tends to grow massively on News, yet fall in the absence of any. It's probably due to the emotional bond to space research many people & investors have and all of us want to see SPCE succeed.
Their main advantage is efficiency. The plane-like runway take-off burns less fuel, so does the...
Momentus is currently trading through Stable Road Acquisition under the ticker SRAC.
Momentus says it is the first company offering the infrastructure that will allow humans to flourish in space. These infrastructure services include last-mile satellite and cargo delivery, payload hosting and in-orbit servicing. In other words, Momentus wants to make space...
This is a follow-up post from my previous $SPCE analysis on October 4th titled "$SPCE Love Space Travel, But You May Want To Wait Before Buying".
Technical Analysis
In my previous post, when $SPCE was priced at $20.77 before the moon towards the October 20th's Highs of $24.36, I talked about how at that point in time, $SPCE had 2 unfilled gaps at $24.02 and...
Please see my previous analysis linked to this update. We see SPCE has already broken the wedge ahead of schedule, indicating very bullish sentiment. Some are calling it "the only pure-play" in the future of Space. Who wouldn't want to take a ride?
Technical Analysis
Currently, $SPCE is respecting a Symmetrical Triangle chart pattern, where neither the buyers nor the sellers are pushing the price far enough to form a clear trend. As of 4/10/2020, the price closed at $20.77, at the slope of lower highs. Even though I believe that $SPCE has explosive long-term growth potential, assuming that the company is...
