I’ve uploaded a previous idea but I can’t figure out how to edit or remove it, so I’m uploading a revised version.
Virgin Galactic has a history of large price
spikes leading up to significant flights.
In February, anticipation for the SpaceShipTwo
test flight corresponded to a 170% increase in
price from January lows. This price action was
preceded by a...
The bottom may be in for Virgin Galactic (SPCE). As you can see, SPCE has bounced from this trend line 5 other times in the past. There was one instance where it broke beneath this line with force but the catalyst was based on false news (rumor that flights were grounded until 2022).
For investors and traders alike, this may be a great entry. There is still a...
Why i expect SPCE to fall again ? Under $20
SPCE go up only when we fly, and apparently we are not going to fly soon.
- FAA Don't allow anymore any flight until investigation end
- Major Technical issue is investigated with a supplier (needed for reentry in atmosphere)
- Flight postoned, but it will postoned again from previous reason
- High wind...
Virgin Galactic has a history of large price spikes leading up to significant flights.
In February, anticipation for the SpaceShipTwo test flight corresponded to a 170% increase in price from January lows. This price action was preceded by a bullish break above Ichimoku Conversion and Base lines, a golden cross on the MACD, and a significant bollinger band...
$SPCE Analysis & Key Levels
I have WAY too many positions to be able to update on … So I’m just going to start posting the most recent support and key levels and my personal directional assumption… Do with it what you wish…
I am not your financial advisor, but I will happily answer questions to the best of my ability but ultimately the risk is on you.
Going with an aggressive approach on this one, but $SPCE looks ready for liftoff at the moment. Currently have the stoploss set at 10%, but if we drop 5% from the current levels we're looking at picking up more. Looking for a +50% on this on this one if we can break through $30 level. We've been stacking between the $23-$27 range. Going with pure TA on this one...
The flight of Virgin Galactic is the talk of the town but the recent rejection near the 62.80 Resistance reminds us to just follow the technicals. Since the November 2019 low the stock has been rising on Higher Lows with the 1D MA200 (orange trend-line) and the 1W MA100 (green trend-line) offering a rough Buy Zone along with the RSI. Until 62.80 breaks, the target...
Massive daily falling wedge on SPCE,
$27.50 is a strong resistance, a close above that level could trigger a move higher towards $30 which is another strong resistance and pivot price.
Above $30 we have $35.50 > $38.80 and $41.80
This week ASTRA or ASTR will be launching a test rocket for the United States Space Force delivering its capabilities over other companies like Rocketlabs, SpaceX, and more. Astra had many failures, but was able to achieve orbital launch, so this Friday starting at 1pm pt time they will have a window open till September 13th to launch the Rocket.
SPCE’s revenues increased 139.9% year-over-year to $0.57 million in the six months ended June 30. Its gross profit grew 681.5% from its year-ago value to $0.51 million. Its cash and cash equivalents rose 51.3% year-over-year to $564.66 million.
Analysts expect SPCE’s revenues to increase 831.8% year-over-year to $2.22 million in the fiscal period ending December...
It's time for this stock to go up, if everything goes well, i expect a short term up at list (if Sir Richard Branson dont use his ATM) (it could go down after, max between 18$ and 20$).
Flight will not start before 2022 but, sales started at a higher price and a test flight (paid) is expected in late september.
- Virgin Galactic reopened ticket...
Getting rid of your FOMO is the key to making more money than your peers and I'm going to show you how.
How many of you chased the two pumps in SPCE ?
Statistically most of you.
How did I know that this spaceship was going to crash and burn in the short term?
History repeats itself and this was one hell of a history lesson.
At NTS we...
Thursday, 12 August 2021
12:35 PM (WIB)
Update SPCE from previous post: Monday, 26 July 2021.
Price has already move lower from $30 into $27, and seems still move downside.
My expectation still the same.
"Live to Ride and Ride to Live"