LUNR got an injection of trader and investor interest this week on the news that their lunar
lander ( robotic unmanned) is launch ready. While it is a publically owned company, 50% is
insiders, 40% retail investors and 10% institutions. In is in the shadow of NASA in Houston from
whom it has drawn employees. Of particular importance last spring when there...
Technical Analysis
SPCE is starting to show some bullishness and strength here. I think SPCE will continue trending up, and my key price targets are $2.15 and $2.33 on this move up. A lot of stocks have experienced huge gains after earnings, if SPCE has a similar situation I can see a move up to the $3.07 to $3.47 resistance zone. I wouldn’t count on it, but that...
NYSE:SPCE Bottom was confirmed at $1.38. There is a clear short-term upward trend that can be identified based on the higher highs and higher lows.
For this trade, we assume NYSE:SPCE enters a consolidation phase with sideways movement.
Short at $2.72
Long at $2.35
Chart 4H TF
Virgin Galactic Holdings NYSE:SPCE has broken down the support then pulling back now
Last 2 times correction around 20% so I expect the same for this time and it can reach around $3.15
Wait for next move
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...
📊 Fundamental Analysis:
Virgin Galactic has been gaining attention in the market due to a positive Q2 performance. The company's strong quarterly results have sparked interest among investors, potentially indicating positive growth prospects ahead.
📈 Technical Analysis:
The chart above illustrates a potential Wyckoff accumulation phase for SPCE. The price...
A lotto play, FOR SURE.
But, it was a nice gap. I THINK some buyers can come in eventually.. This selling today is all the bag holders selling.
I will buy shares also. I'm in 1400 right now. Just to see if any love comes from this initial 40% gap.
The calls will be $7 Oct and Jan
Momentum built up, price now higher than 10 sessions ago.
Commodity Channel Index showing a reversal of the current short-term trend ( Bearish to Bullish)
Potential Earnings play, fundamentals are looking up for Virgin Galactic after a bleak winter.
MACD Signals Prominent Shift in Intermediate-Term Trend: Transitioning from Bearish to Bullish
Expecting a shift towards ~$5.00
Short term (2 - 6 weeks) Bullish
Intermediate Term (6 weeks - 9 months) Bullish
Long term (9 months+) Bearish
SPCE is stirring up headlines again to try and gain some trading volume it looks like. Their PR team is quite tactical in positioning articles perfectly around earnings reports. Is this some positive news to maybe provide a story to the upcoming earnings report? With the stock being essentially on a slow descent back to earth since it dropped down below the $10...
SPCE is at a line in the sand of the chaos of the market.
On the 4H chart, price has bottomed and might be making a reversal pivot
as supported by a rising line segment on the RSI out of the oversold zone.
The though of a reversal is also supported by price crossing over the POC
line of the volume profile. Price above the POC line shows buyers are...
SPCE is losing money for 4 consecutive quarters showing that it is fundamentally
a losing proposition, perhaps destined for bankruptcy or alternatively share dilution
to raise cash which would prejudice present shareholders. Perhaps these scenarios
are baked into the price.
On the 4H chart the long downtrend dating back 2 years has continued. After
the turn...
Double top or inverse head and shoulders
~$4.75 Acting as support (A bullish sign as 75% upside with 40% downside)
Bullish case being a market bottom at $3.24, test of support followed by continuation to ~$6.75
Bearish case being a double top and continuation of the downtrend, wait for the tests before entering position.
50MA and 200MA narrowest since SEP21, crossover soon. Potentially Bullish, if the right catalysts. Sideways movement
200MA acting as support.
RSI Showing strength
MACD Similar outlook
Golden or Death cross in 7 days? After earnings.
Reason to buy :
1. Accumulation in the $5 - $6 area, it's been accumulating from $3.
2. Retracement stopped at the .38 level, which is still uptrend.
3. 200 SMA acted as a resistance on 01/27, but people accumulated more @ $5.40 - 5.50 area
Reason to sell :
1. SL $5.30, it's a reasonable and tight stop but RR is good with this setup.
*NOTE*
**I see a...
