$SPCE , IdeaSPCE - 4H : Expansion After Compression
For most of the past year, SPCE has done what weak assets do best: drift sideways, grind lower, and convince participants that nothing is happening.
Then came the expansion.
The recent impulsive move has changed the short-term structure completely. The market is no longer trading from weakness. It is trading from strength. The only question now is how much of that strength gets retraced before the next leg higher begins.
Three scenarios are mapped.
Sc
Stocksideas
Buy $TWM - NRPicks Ene 31The TWM is an X2 Bear ETF of the Russell 2000 Index, which is at a key level due to its third consecutive rebound in the MA 50.
We consider that in the current context where volatility is high and large trading volumes can be evident in Small Caps and according to our views, this scenario could stay that way. That's why we think this inverse could benefit from a drop in the IWM index close to -5%.
Technical:
MA 50 bounce
Breakout at 17.65 accompanied by an interesting volume of purchase
Avera

