$SPCE made a 90% retrace of it's last run.
Nice bullish divergence on the daily.
Something to watch though is the small gap at $ 17.30
Maybe wait for a confirmation daily close above the daily EMA 20 to enter.
If the gap somehow gets closed before we run, its a STRONG buy imo.
Virgin Galactic delayed the start of start commercial flights until Q4 2022.
I expect it will touch the 16.20usd strong support from which it should consolidate before another leg up.
Virgin Galactic reopened ticket sales with prices starting at $450,000 per seat. They sold 600 tickets so far.
Jefferies sees Virgin Galactic's total addressable market at $120...
$SPCE has been very predictable in the past and has the potential to bounce over 200% here as it's nearing the bottom of a very long channel.
Virgin Galactic Holdings, Inc. , an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States. It also manufactures air and space vehicles. The company's...
Getting rid of your FOMO is the key to making more money than your peers and I'm going to show you how.
How many of you chased the two pumps in SPCE ?
Statistically most of you.
How did I know that this spaceship was going to crash and burn in the short term?
History repeats itself and this was one hell of a history lesson.
At NTS we...
Extremely focus on chart details, please. We all can be reach if we dealt with what will happen on the 11th of July wisely
Massive run ahead, be wise, and aware of your resistances, take care!
TP1: All-time highs level (recommend you to hold because it will be weak)
TP2: 65$ (sell 50% then add above 70$)
TP3: 90$ (sell 90% of your shares, and just hold 10% till 100$)
Virgin Galactic SPCE Receives Approval From FAA For Full Commercial Launch License Following Success Of May Test Flight.
Price still have a room for an upside potential to $50 and $60 levels respectively.
SPCE has Finally closed above resistance on the daily timeframe . And with a STRONG bullish Hammer on the daily yesterday. We can expect a healthy pullback to the daily Support (that was ONCE resistance) and continue heading up with STRONG and Concise bullish sentiment.
LONG POSITION ENTERED AT $30.70
Lots of technical confluence present in the 30m chart of SPCE. As you can tell in the chart, there is a big fat double-top which seems to have failed. This is your classic example of "what should happen, doesn't." (Peter Reznicek). This seems to be a common theme with SPCE latley, as you can see you had two previous 30m...
SPCE is dropping into wave ii support level at about 29 before a rally in blue wave I begins. Look to establish Leaps on SPCE expiring end of the year with an upside target of 76. On guard for a possible rebound along with the NDX (refer to the above ) making a potential rebound in wave (2).
I've been looking at the historical data for SPCE around test flight windows and It history was to repeat itself we could have similar hype and spikes leading up to and after the test fight (providing it's successful)
When the test flight failed it fell 30% and stayed around the $24 price before then rocketing up 137% to $62
Since the news of the test flight...
Loving this setup here on SPCE. Bought the dip an hour ago. Has been an absolute monster lately and i expect wave 5 to be its biggest run! The trigger is the break of the green resistance and .5 fib. Targeting ATHS and the PTs on the chart. Enjoy :)