SPCE has been curling on the 1hr for some time now and looks to be in a cup pattern. Watch for a 10% rejection off the bottom of the gap before retesting the gap fill above (green).
With Cathie's announcment of ARKX, well-advised to enter before the ETF. PT: 100
Spce has a little more to drop looking for a bounce at 22.68 was to focused on my minor count in my previous charts, under 21.35 I would cut short term options but good area to add long term shares. Spce is a great company and has potential to run over ATH but this is al on speculation next space launch date is announced early next year. Keep in mind this could...
SPCE after a failed launch and Chairman selling millions of shares, SPCE is back at a good price to buy. The chairman still has good faith in the future and is committed to the company. We could see next space launch early next year and if we run up the way it did last time, SPCE will be back at ATH again. Support: 24.30, 19.78 Resistance: 27.55, 32.04
I am SPCE long looking to increase my position and improve my average cost basis Both fundamentals and technicals are bearish. RSI below 50% Stoch bearish divergence MACD sell signal Looking to start buying at 20 USD down to 17.25 USD Stop loss at 16.65 USD
Inverse H&S pattern Target $20
Virgin Galactic NYSE:SPCE can be an interesting stock to buy soon. Caution should be advised because of potential hype that comes with this kind of stock (no revenue at this time). Technically, we see a detachment of the mode at $16.82 as of last week. This fires an uptrend that lasts well into Q1 of 2021. Interestingly, NYSE:SPCE is planning to send 4...
SPCE seems to be consolidating in the @16-17 range. I would wait for a break and hold above @18.20 before going long. Watch for a pullback to @17.30-17.40 for a safe entry for a conservative target @18.00-18.30. Above that and we'll find my ideal price target @19.10 then @20.00 On the downside if SPCE breaks under @16.70, we'll find minor support @15.80 then...
19.5 is the first resistance, if we break it we can go higher to 23-24 resistance zone (many long open positions are there).
My buy zone and target for $SPCE. Yellow line would be the invalid point for me. (Not financial advice)
SPACE break out " Ascending triangle " but was pulled back to the support zone, I think the potential buying point is still here. SPCE buy : $(21.5-22) SPCE target : $28 +-0.5 Stop loss : 10% Wish you good deals!
Bought on the retest of the trend (around $15) and it is playing out very nice!
Wow, $SPCE has broken out of its ascending broadening wedge to the upside, this typically only occurs less than 25% of the time. The fundamentals on Virgin Galactic are propelling and controlling the technicals at this point. This is extremely bullish, and as long as it continues to respect the support levels being put in, it's a potential blue sky breakout.
SPCE is coming down to test the the previous resistance of the breakout trendline. This is typical of breakouts, and if it bounces from this point, I'd say we are cleared for higher. If it gives up the range in the oval, this will turn into a failed breakout and SPCE could see much lower prices unfortunately. FWIW, SPCE moves with the indices pretty...
As I said on monday it was coming, and look at how beautiful the break out formed. Now everyone is trying to claim they identified this huge accumulation and breakout. lol High volume on the break to carry it through and build momentum. It's good to see Virgin Galactic get out of this consolidation period, and now it's time to retest previous highs at $42
My first SPCE idea is holding up great so far, still heading to $12 here, so wanted to dive in and pick out some nuance. Check out those RSI and MACD trends, I wouldn't buy until we clearly breakout of these. Slide should continue. Ideally we'd touch the RSI 30 and have one more MACD lower bound retest before buying. Lets hope for some good luck here! The...
It seems as though when it comes to the MACD 4 Hour and SPCE SPCE seems to respect the first bull candle created in the MACD quite well Looking at previous bull runs for this stock, it seems to rise exponentially higher when the MACD 4 Hour bull candle is created Looking at the 4 Hour MACD right now it seems like we might create another bullish MACD candle on...