Good day,
When VR is green its a strong buy signal when VR is blue its a buy signal. When VR is red its a strong sell signal, when VR is orange its a sell signal. Preferably, would have liked to see a green buy signal on the weekly before entering the trade- we got a blue signal. With all that's been going with Boeing selling shares to raise cash I do believe...
In my view NYSE:SPCE stopped a current phase of falling down and forming the plato, which will be a fundament for the next steps. We will be observing a huge profitable company for patient investors during the next years. In my point of view, as well, that it can bring till the x100 in the ending of the growth phase.
Goal for the end of 2024 is 4-4.5.
Does...
Expecting NYSE:SPCE near 8 during the nearest time (1-2 months).
Does not constitute a recommendation.
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On weekly charts - Looks like a falling wedge for almost 2 years, bouncing off the descending trend lines relatively accurately.
Earnings report drops next week. I predict a pullback to around 1.70, followed by a rocket up to 2. What would be key is if SPCE can break and hold above 2 to begin the launch sequence back up to 3, 4, 30, 40, eventually. Otherwise, if...
Virgin Galactic Holdings, Inc. is an aerospace and space travel company, which offers access to space for private individuals, researchers and government agencies.
Completed the ending diagonal.
tp1 4.9
tp2 13.9
Technical Analysis
SPCE is starting to show some bullishness and strength here. I think SPCE will continue trending up, and my key price targets are $2.15 and $2.33 on this move up. A lot of stocks have experienced huge gains after earnings, if SPCE has a similar situation I can see a move up to the $3.07 to $3.47 resistance zone. I wouldn’t count on it, but that...
NYSE:SPCE Bottom was confirmed at $1.38. There is a clear short-term upward trend that can be identified based on the higher highs and higher lows.
For this trade, we assume NYSE:SPCE enters a consolidation phase with sideways movement.
Short at $2.72
Long at $2.35
SPCE is amassing massive net buy positions this past few days/weeks. It has registered +40% increase in net volume, from 66M to 95M. Buyers are back into the scene after the company has battled a longterm decline in its price from its peak at 62. But recent news has stirred some interest back on the company as Virgin Galactic completed its long-awaited first...
This is a continued update of SPCE since I dont know how to add charts to updates this will have to do for now. The next targets in red are areas of interest and will act as magnets. They could also serve as areas of support and resistance. Chikcou span is in the cloud and could suggest price may be gaining momentum.
Could be an early reversal here on $NYSE:SPCE. A spicy dragon pattern has formed and currently attempting a backtest of the spine. This one has been a big pumper in the past, so I am cautiously optimistic for now.
I'd expect a LL if it loses this supply line. Proceed with caution.
