After the big drop it had, and this consolidation process, it could be a good trade to try to close the gap, a good stop loss is almost guaranteed victory. The price from my point of view can be seen stopped at the sma200, which would be a 25% profit from now on, wait to break the bearish line with volume
Day 1 TW tracking #plotting If you want me to type more that cost extra
Targets & stop-loss are set out on chart. Majority of profit to be taken at red line. Red zones are probable area of resistance/consolidation. Stop-loss will be moved to highlighted area in the coming weeks pending on markets/indexes confirmation. These thoughts are my own ideas based off my own analysis. Please do your own research before putting your own...
Wednesday, 6 October 2021 4:00 AM (WIB) Nothing change with my expectation. Once the price hit my support lines, I will open several purchase orders for long term transaction. Best regards, RyodaBrainless "Live to Ride and Ride to Live"
SPCE is currently in a falling wedge pattern that can best be seen on the 1HR chart. This is still a bearish development showing lower highs and lower lows, but a breakout above the wedge could signal a +/- 20% move to near $28. From my experience, falling wedges typically break to the bottom for a final sell off (capitulation) before they break upward. That is...
SPCE AFTER the fat APROVAL & FILLED the GAP AT $24 AND $23 NOW THE AIM IS TO FILL the GAP at $30 Only long THE REASON OF DECLINE WAS FAA INVESTIGATION PROBE & IT is ALREADY NOW SUCCESFULLY COMPLETED disclaimer
Buy below $60.00. Sell above $90.00. 2nd price target $180. What do you think? Post thoughts below.
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...
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...
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. Bad News - 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...
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...
Bullish Divergence on daily chart on Market Cipher B and Wolfspack
$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. Red =...
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...
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
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...
SPCE is back in a Supply Turned Demand and closing nicely above fib level. Always looks for some sort of confirmation when taking these trade ideas.