Hi everyone, Just to share a near-term forecast. I think that SPCE (Vigin Galactic) will find support around 42, before it bounces. This is supported by: 1) trend-line support 2) Internal 38% Fibonacci level 3) Completion of 5 sub-waves. However this analysis ignores near term fundamentals. Good luck!
If you're not already in this name they're maybe an entry possible with a red to green open this morning, this will give you a nice risk to reward with a stop at the LOD. Let this name crave in a morning low then look for a R2G move if we get it. MASSIVE VOLUME bar on Friday, I was impressed with how well it held in there yesterday after such a big day previous,...
Been a bull in this company, but with it hitting the $10 range I did buy some at 10.02 and Friday bought more at 10.77. This week in Holicity/Astra is pretty massive and I believe the upside out weighs the risk. With getting about a 480mil on their balance sheet, this gives a somewhat fair value of $13, which at current price would be about 20% move this week or...
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...
That is what we are currently suspecting. It is going hyperbolic like a true space rocket, so watch out. This one is red hot. Remember, this is not financial advice. You must do your own research and carefully make decisions for yourself by yourself. We love TA and do not provide individually tailored financial advice, or financial advice period. Now that...
EXPRESS JET READY FOR VIRGIN GALACTIC HLDGS INC SPCE
i wondaring market creat a lower low then go high reason its make same thing eairlyer in chart retrace level price 26
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.
With the weekend around the corner, the RSI peaking, and the Fibonacci convergence... I expect we’re going to see a slight pull back towards the support zone around the $30 mark (38.2% FR) Going into next week, after finding our support zone, I expect we’ll be on the climb to find the next resistance zone at around the $45 mark. (61.8% FR)
The pitchfork on primary 1-2 and intermediate 1-2 line up exactly with this count, worth keeping an eye on.
Just an update to the 5.11.2021 call I posted. by iCantw84it 05.24.2021
$SPCE Short Squeeze rumors after the successful launch for Virgin Galactic
You don't need fancy indicators, algos, AI, Bobs approval from down the street, or even that one kid who made 100k and lost it all on WKHS meme stocks, (because he doesn't know how to trade) to tell you what's going on. You don't need news or to find a lucky penny, you can even let the rabbits keep their feet. I broke this down into 7 different ways you can look...
by iCantw84it 05.11.2021
At fantastic value ahead of two big May events earnings and (possibly) first successful flight, look out as Price starts breaking up through each fractal for increasingly confident confirmation. OG Idea
With a possible head and shoulders pattern in the charts we could see a huge move down in price! On the other hand, for about a month now I see a alright triangle forming for a possible leg higher! So in conclusion I'm going to try an options strangle for a possible break out either way!
SPCE lost trend line support and currently barely holding on to price line support. If any day it breaks that support, next support price levels 20.40, 19.90, 16.40 are as marked. A close above 27.60 could mean bulls are getting back.