It could be a continuation pause but doesn't feel right. More likely it reverses back down here. Notice how Price came to rest exactly on the fractal mid-line. That downchannel fractal also got tested pretty spot on from both sides on Prices way up. I expanded the Value Channel yet again here, doubling it. That puts any Price under 30 as target pickup but it...
Gamestop Virgin Galactic OEG
after seeing a golden cross which indicates a potential "major rally" last April 2020, and a C & H Pattern which indicates a bullish continuation with an expectation of a breakout, which took effect after the consolidation and breaks after ARK Investment Management filed with the SEC to launch a space exploration ETF, follows a rally and a minor pullback is now...
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...
im long since 18 dollars per share still is a speculative play so far but I believe this company for the future.
We are on a logarithmic growth pattern with $SPCE. Great prospects, rumors of test flights, and incredible meme value. Plus any heavily shorted stock is under attack by retail right now. However, unless this thing picks up mainstream appeal, like $GME levels, it's got to retreat at some point. Therefore I'm into some Jan 2023 calls, but only plan to hold them...
I think we are seeing the formation of a cup and handle. I believe we will retest 60. Not bad for a boiling frog! ;) Good Luck!
I think we have already been shorted enough...I see a solid base at $41 but I think in the day or days to come these are the paths we will take. GL!
I am targeting a 28.00 entry on it. Then a hold to 62. Overall bullish. Think they have a flight in the second week of Feb that could catalize next leg up.
SPCE - Fundamentally, I'm bullish (long position) on this. With the mothership flight test success, and the hope of spaceplane future flight test could be a baby step heading in the right direction. Additionally, the recent SpaceX news could also pump all the space industry. However, TA is showing an island reversal at $29.2 areas (potential for gap fills). Over...
It's not even fair, my SPCE fractals just hit on point every time lol. Literally bouncing exactly between my purple downtrend and green uptrend lines back and forth for months B). I rebought the entire 50% stake I sold off at ~33 from last spike at ~25, didn't sell this time though. Would have been nice to catch that peak today, just hard to nail the timing and...
With Cathie's announcment of ARKX, well-advised to enter before the ETF. PT: 100
Long idea for SPCE. I identify a double bottom pattern on the daily chart, that may be doing a retest on the neckline (red rectangle area), which happens to be the 0.618 retracement and also a weekly support at around 23 USD. If the retest is successful we may be looking for a 60% upside on this trade in the long term. Invalidation of this idea, is if it does...
Unloading half my stake over 4 trades at average 33 worked out quite well with Price Action completing the expected mean reversion. I have expanded the original Value Channel (magenta) by 3x now because Price Action is holding to the uptrend very strong and I do anticipate that to continue for years. Any BUY in the Value Channel likely to be good for a solid...
Hello receive a cordial greeting, and a thriving 2021 our wishes are that 2021 will be a fantastic year in all aspects for all people. We believe that this action has a great bullish journey based on Technical and Fundamental Analysis. But this is not financial advice We have as resistors the key levels of 31, to consolidate it, 35 and 37. and as resistors the...
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...