Maxar too the moon?WIth the love of space looking at other stocks besides SPCE, I found MAXR. They do work with NASA equipment and Satilites, pretty cool company while we all wait for the starklink ipo. With the new budget in USA, the Gov is suppose to increase 12% to NASA funding, which would increase roughly 2.7billion dollars with a budget of rougly 25billion dollars and sure there might be other outside investors.
MAXAR with a MC of 1.04billion, according to Robinhood would increase its MC to rougly 1.1648billion with a .1248billion increase witha given price of $19.32 roughly. Getting pretty close to last months high and wondering if its priced in.
I'll remain neutral with MAXAR while being a bull just cause it's space and SPCE has caught the attention of many investors in the space sector with also MAXAR being the second largest holding of UFO, which is a Space etf. I expect as SPCE pulls back MAXAR can have a steady uptrend with its EPS also slowly going up .
Next week will be a big week in MAXAR trading with the MACD looking its about to cross bearish, yet could always bounce back with large sell value happening friday, yet barely moved the price as it is testing resitance/support. Trading zones are 15.90-17.54 with 14.33 being a bottom. I see the growing of the space sector in the coming years, yet it might not be a bad idea to acculate MAXAR than selling when StarLink ipo to cash in on some SPCE like gains.
SPCE
Virgin Galatic long or shortVirgin Galatic has been making its name recently, yet should you be buying or selling? The honest answer nobody knows, yet we can try to get pretty dam close to where its gonna go. Almost everyone knows that this company is gonna be losing money in the short term and mid long term, yet is priced in? I say it's not and its EPS will be corolated with the SP500 with the ETF UFO being connected to SPCE price movement till the reevaluate their portfolio.
For a discloser I sold my SPCE at 27.80 after buying at 11.30, yet I been playing it has a caution from being from the Crypto markets. I'm not saying I'm a bear cause I sold early, but I just want to see confirmation and strength in the graph before reentering with its atl being the $7 range
I would go short with it 19.06 being a last resort hold for the bulls and 25.25 being just above a 60% correction in the micro bubble of SPCE. I put 27.99 give or take as we may have a bounce unless we blow through it. The MACD is bearish with the RSI neutrual, which could have a short squeeze yet looks very dependent on what the EPS is gonna say. A trading range of 38.72 has the high, yet the low hasn't been fully formed just yet but could say at current price could be the bottom of the current trading range, yet the volume has been rougly 100million shares traded daily.
I would be short with no option call just shave off profits and WSB is already moving on from SPCE, yet shouldn't really take financial advise from them since with the amount of traders there could only move the market all together is .01% thats if everyone got behind a stock.
RUN breaks resistance at 22.60, finds new supportRUN broke resistance today, having a high of 23.66, then dropping to find new support at 22.76 Earnings are coming up, and estimates have analysts bullish on the stock according to finance.yahoo.com
It has support, potentially better-then-expected earnings ahead, and did well today in a bad market. It is competing well with $TSLA in the solar and battery department, and was on a breakout today. Maybe a rally tomorrow? 5DMA looks good and the ichimoku cloud is still in the green at close. Looks promising to me.
Market Legend Alex Vieira Virgin Galactic Bull Case $120Market Legend Virgin Galactic Bull Case $120
Legend Alex Vieira Downgrades Virgin Galactic $42 SellingLegend Alex Vieira Downgrades Virgin Galactic $42 Selling Everything
SPCE LONG SET UP ON PULLBACK FOR NEW ALL TIME HIGH of $50-$55)BUY SPCE LONG SET UP ON PULLBACK
ENTRY 1 30.68 &SL 28.00
TP.1 39.44
TP.2 45.48
TP.3 50.00 In this wild stock market, some investors favor Tesla and Virgin Galactic over Apple and Amazon
Both Virgin Galactic and Tesla provide short-term trading opportunities for sophisticated investors both from the long side and the short side.
Our system gave a signal to short-sell Virgin Galactic for a very short-term trade near the highs. However, there was no point in publishing that signal because the shares were not readily available to short. The plan is to trade only those setups where there is reasonable risk control. It is also important to pay attention to Arora’s 14th Law: “To be successful at investing and trading, become a master of position sizing.”
BUY SPCE LONG SET UP ON PULLBACK
ENTRY 1 30.68
SL 28.00
TP.1 39.44
TP.2 45.48
TP.3 50.00
Virgin Galactic is one step closer to blastoff.
In this wild stock market, some investors favor Tesla and Virgin Galactic over Apple and Amazon
SPCE (Virgin Galactic)Space has been playing out exactly as expected, posting this late but this is a little more of what i expect ore or less.
dont focus on the price and time, focus on the waves or "emotions" dips and peaks.
$TSLA and $SPCE are the same stockThese two stocks are following a price pattern so close, it would be hard to distinguish the two companies if you just saw the chart. Given this, If you see moves in one, it is likely preceding large moves in the other. The price patterns are skewed a few days off of each other.
SPCE LONG SET UP ON PULLBACKBUY SPCE LONG SET UP ON PULLBACK
ENTRY 1 23.68
ENTRY 2 20.48
SL 14.00
TP.1 32.44
TP.2 34.48
TP.3 38.00 & TP.5 40.00
Virgin Galactic is one step closer to blastoff.
The aerospace company's stock price surged as much as 19% on Friday to an all-time high of $28.23 per share, capping off five straight days of gains.
Virgin Galactic announced on Thursday that it had relocated its SpaceShipTwo, named the VSS Unity, from Mojave, California, to its commercial headquarters at Spaceport America's Gateway to Space building in New Mexico.
Moving the spacecraft is a milestone for Virgin Galactic, as the VSS Unity will eventually shuttle paying customers to space and back from the Spaceport America facility, the company said. At the beginning of 2020, it set a goal of sending its founder, Sir Richard Branson, into space this year, for this 70th birthday, CEO George Whitesides told CNBC.
Virgin Galactic's stock has more than doubled so far in 2020, fueled in part by bullish ratings from Wall Street firms that recommended investors buy shares, citing the company's near-term monopoly on space travel and comparing it to Tesla.
That hasn't stopped short-sellers from pouring $388 million into bets against Virgin Galactic, roughly 31% of the company's float, Bloomberg reported, citing data from the financial-analytics firm S3 Partners. Short-sellers are down $214 million in mark-to-market losses since November, including a $10 million loss on Friday's stock spike, according to the report.
As of September 30, Virgin Galactic had a waitlist with more than 600 people from 60 countries signed up to take a space-tourism flight. Each ticket costs about $250,000, adding up to $80 million in collected deposits and $120 million in potential revenue, Virgin Galactic confirmed in its third-quarter earnings report.
Virgin Galactic became the first publicly traded space-tourism stock on the market in October when it began trading under the ticker SPCE. Its main competitors are Blue Origin, owned by Jeff Bezos, and SpaceX, owned by Elon Musk.
Markets Insider
Virgin Galactic trade ideaSPCE; a bit extended and spends a lot of time going up or consolidating, there are better names to short out there
SPCE Time for a Little Risk Off Pullback to the 8day MAPurely speculation here, but with earnings 11 days away I can see this pulling back a little bit maybe down do $22 prior to earnings. (There are none). This is a hopium/growth speculation for most out there. Broke out recently because people reaching for growth.
