Hopefully nobody HOLD SPCE Stock right now and you all took profit at last top ?
My expectation is the stock was too much pumped / Hyped by positive news on test flights.
Seems like Major Stockholders - Richard Branson and Chamath were selling huge % of stocks. We can expect continuous drop for next few weeks.
Wait for moment when you will not...
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...
I think It's fair to say to that this Is a buying opportunity right now. I will not be waiting on the sideline.
There's a high probability we'll see Virgin Galactic Finshing 2021 on a higher note.
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...
Virgin Galactic has had a few bearish weeks but now looks about to enter a pretty good buying opportunity area.
The 25 to 14 range seems like a great spot for accumulation and the last swing low at 14.53 was bought back with quite some strength.
The private space race does not look like it's going away any time soon, and any major victory by Branson could mean...
I hope you are all doing well!
Virgin Galactics has clearly been making moves inside the channel and has bounced from the resistance as expected.
We would want to be looking for Long positions at the support.
Have an amazing day!
The flight of Virgin Galactic is the talk of the town but the recent rejection near the 62.80 Resistance reminds us to just follow the technicals. Since the November 2019 low the stock has been rising on Higher Lows with the 1D MA200 (orange trend-line) and the 1W MA100 (green trend-line) offering a rough Buy Zone along with the RSI. Until 62.80 breaks, the target...
Unlike English football not coming home and shocking the world with the racist attack on the poor sidelined bench players (go short on Southgate...), Sir Richard Branson 💂♂️🇬🇧 took England to outer space and back home, safely and in pure British style.
This is history in the making, the billionaire and visionary making his dream a reality and promoting his...
history repeats itself.
We see how the news about the flight soared in price from 40 to 60 in one day, and then distribution began within 14 days.
I guess the stock price has already won back a successful flight, soaring 20%.
Soon, a SHORT up to 36 is quite likely.
Strong supply imbalance clipped and price went into freefall.
Price found support which is normal with these types of supply zones.
The most probable direction for SPCE is a lot lower to around $35 per share.
FAA Expands Company’s Commercial Space Transportation Operator License To Allow Carriage of Space Flight Participants (source: Virgin Galactic website, 25th)
Most rocket factories are of military nature. Then, there is SpaceX, Blue Origin, and Virgin Galactic. But it is only Virgin Galactic that focuses all its efforts on space tourism. Thereby, the importance...
SPCE pulled back to it's major trend line this morning after a brief tease of what will happen soon. Keep you seat belts bucked and hang on. I love cult stocks!! Although I know in the event of a launch of this stock price we will come back to reality or at least in the 30's-40's until the next round begins. GL! :)
On my previous analysis I foresaw a 60% profit, and I was short, we are now over 100% well in profits if your entry was at the golden pocket fibonacci retracement.
Now on this analysis, I can see SPCE moving inside a macro-channel, with high probabilities to touch the upper edge of the channel, reaching 100 USD if the following test of VSS Unity is...