SPCE 3 month trend channel breakout +10% todaySPCE is up +10% today, breaking out of it's 3 month trend channel. I entered a SPCE$30-31strangle12/11 at 11am when it was at equilibrium $30.50. I have traded SPCE a lot and a word of caution here, it is a very volatile stock. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, risk management Beware of analysts motives Emotions & Opinions FOMO : bad timing Lack of planning & discipline Forgetting restraint Obdurate repetitive errors 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum www.tradingview.com Longby Options360Updated 27276
Cup and Handleall time high is 42.49..Caution: overbought on daily rsi set at 80 and 20/9 day moving average..not OB on monthly or weekly yet.. Hammer on monthly and weekly.. Possible stop below HL/handle low or mid cup which is 21.20 Not a recommendation NV (volume on down days) and PV (Volume on up days) are both high as is OBV.. No RWs in yearly chart.. Short interest is very high...36% or more depending on where you look..seems the shorties are counting on this going down Longby lauralea4
BTC overlay on SPCEBTC overlay on SPCE... not saying this will playout.. just saying i noticed this shape this summer on BTC and now seeing it on SPCE againLongby klugook4
$SPCE Big catalyst friday, 11/12 29C @1,40$ @SPCE - 29,57$ is the resistance in the intraday. - With a big catalyst coming up on friday, volume will be at rendez-vous we'll see. - 1st entry : a break above that previous fractals at 29,22$ - Safe entry : 29,60$ break - Afetermarket : 28,90$ up .56% - Looking at 11/12 29C @1,40$ - SL at ,40$ This could be a chicken dinner for early christmas. - Cloas above MA20 (bullish)Longby phongthienphihong2
Potential breakout in SPCESPCE is also ready to make a move. Let's see if the market support the directionLongby BhagatR115
cup and handle cup and handle forming on the 1 hour. need huge buyer volume come on guys!!Longby Bmmcoo0091
ascending triangle, double bottom - two scenariossee arrows. long either way with dec 5 falcon 9 launch.Longby trayderswift225
Nice resistance not enoughWe are trailing right under VWAP but nearing the breaking point of the resistance I dont know if they can resist one more day below $30 Longby Bmmcoo009111
SPCE - BULLISH TRIANGLE . LONGCLEAR BULLISH TRIANGLE. FIRST BACKTEST, THEN TARGET 50$Longby Markets_Wizard226
SPCE Key Levels To HoldI'm thinking if SPCE can hold 27 as a base we got more upside. Longby SurviveAndThriveUpdated 776
SPCE: ALL SUPPORTS AND RESISTANCESNYSE:SPCE Here is the chart showing all Fibonacci levels . What now? Three different scenarios: -1. consolidation at the current level, and bullish continuation to 40 in a few days. -2. Immediate bullish continuation. -3. We pull back to retest the orange line. From a technical point of view, my opinion is that we will retest the orange line before going higher. From a fundamental perspective, December is a bullish month for stocks and SPCE could announce the date of its test flight very soon, which would send the stock to the moon. What's your favorite scenario?by ElpidaldoUpdated 668
SPCEField Goal Pattern; Don't like to use it at the highs but I'll give it a shot, it wants to test the highs looks like! Let's see if we can score....; )Longby dylkay0
Buy The Dip - SPCE Delayed flight due to "Covid" presents another buying opportunity for SPCE, one of my favorite tickers to swing. I'm looking at another entry around 19.5 - 19.3 and should it break down past that, I'd look to buy more in the $17 range. Currently no position but keeping cash on the sidelines for this and a few other plays in the near term. With the positive news regarding vaccines - I'm just waiting for Covid Cases to subside slightly (may not happen soon) to give me a little more confidence NM pulls back on some of the restrictions. Have a feeling we are going to see a dip / trade sideways for a little but the intrinsic value I believe SPCE holds is something that shouldn't go unnoticed. GLTALongby Slothcharts14Updated 4