Virgin Galactic Wednesday, 6 October 2021 4:00 AM (WIB) Nothing change with my expectation. Once the price hit my support lines, I will open several purchase orders for long term transaction. Best regards, RyodaBrainless "Live to Ride and Ride to Live" by RyodaBrainless222
SPCE Falling Wedge ScenarioSPCE is currently in a falling wedge pattern that can best be seen on the 1HR chart. This is still a bearish development showing lower highs and lower lows, but a breakout above the wedge could signal a +/- 20% move to near $28. From my experience, falling wedges typically break to the bottom for a final sell off (capitulation) before they break upward. That is not always the case, and these are very hard to trade as stop losses have to be moved lower and lower. As long as the price is best contained in the falling wedge, the trade is in play presenting a worsening risk:reward for longs. The best way to trade this would be to wait for a break above the top line of the wedge and then enter when the price comes back down to the top of the wedge (retest). This can be difficult as well as the price may retest the top of the wedge a few times before finally deciding to go up, so again it's another difficult scenario for a stop loss as the top of the wedge lowers as time goes by. Place see my related SPCE ideas. Longby ttrending5
Virgin Galactic.Continuation.Correction according to new data. Virgin Galactic. My thoughts about the company, industry. A high-risk asset. The desire to acquire a part of the company appears only if the profit from the asset is not less than the profit with the same risk from other assets that we can acquire. If the risk is greater -> premium risk is paid -> bigger estimated profit. The risk of the company consists of systematic (the risk of the economy as a whole) and diversifiable risk. It is believed that diversifiable risk is fully diversified (disappears when the company is added to a portfolio) -> Risk premium is paid only for systemic risk. In this case, since there are no similar companies, diversification is relative. -> More risk and potential profit (due to the presence of unsystematic risk.). The systematic risk, in this case, is also relative because there is little that can greatly change the situation in this industry (unless, of course, you expect a new great depression). In general, I wanted to tell you that this asset, in my opinion, is less dependent on the economy as a whole than other assets(the risk premium is smaller), but here we are paid for our unsystematic risk. (balance in the universe)( This is a feature of this asset, in my opinion.)(And I like this feature because something strange is happening in the economy right now.) In my opinion, nothing good should happen in the near future. (Many different factors can lead to a drop of 20%, as well as their absence since the value of the company is determined by its payments, which are less and less over time (the time value of money), then there is no information about the next payments, we postpone them -> it reduces the value of the company. The growth of oil can become this factor (do not forget about other conglomerate companies)). Disclaimer/ On average, 90% of all stocks move down with the market, and 75% move up. The wave principle applies to some extent to individual stocks, but counting the waves for them is often confusing and does not have much practical significance. But since the company has a large capitalization, we assume that the state of the shares depends on the psychology of the masses.by loco_mango335
SPCE, Broadening Bottom FormationShort interest report date: 09/15/2021 +8,8% compared with previous month, we have some gaps to fill, so we maybe have another decline. Enter for long position: candle above broadening formation Enter for short position: candle below broadening formationby dainiushka1
$SPCE NOW WILL FILL THE GAP AT $30SPCE AFTER the fat APROVAL & FILLED the GAP AT $24 AND $23 NOW THE AIM IS TO FILL the GAP at $30 Only long THE REASON OF DECLINE WAS FAA INVESTIGATION PROBE & IT is ALREADY NOW SUCCESFULLY COMPLETED disclaimer Longby Hephaestus_Trading_Desk2
SPCE PlanBuy below $60.00. Sell above $90.00. 2nd price target $180. What do you think? Post thoughts below. Longby neon_undergroundUpdated 2210
SPCE: Playing the volatility!Space is a volatility game. You buy options when it's all nice and quiet and sell them to profit from increased IV. Another strategy is to buy shares at these prices and sell options at the top. Either way you play this stock, you will need volatility to profit from your options swing trades. On this chart, you can see SPCE sitting right above a major support forming a tight consolidations, which has been going on for weeks now. MACD shows different periods of consolidations in the past and the volatility that followed. There is also a gap to be filled at 31. There are a couple of upcoming catalyzers: 1. FAA re-approval 2- October flight. No matter which way it goes, the volatility is about to go up very soon. Historically, SPCE has gone up after these tight consolidations. But is it going to hit 53 or would max out at 35, that depends on the hype behind the next flight. Another possibility is 73! Longby Realamh101019
Spce- Longterm outloookWe either watch people paperhand out or we see some good growth. seems to be many obstacles on this oneLongby Eternal_Salsa7
Virgin Galactic AnalysisI’ve uploaded a previous idea but I can’t figure out how to edit or remove it, so I’m uploading a revised version. Virgin Galactic has a history of large price spikes leading up to significant flights. In February, anticipation for the SpaceShipTwo test flight corresponded to a 170% increase in price from January lows. This price action was preceded by a bullish break above Ichimoku Conversion and Base lines, a golden cross on the MACD, and a significant bollinger_band compression (all on the 10 timeframe). In July, anticipation for Richard Branson's flight corresponded to a 300% increase from May lows. This price action was preceded by similar bullish breaks as the February run up. The upcoming Unity 23 flight was unfortunately delayed, pushed from late September - early October to around mid October due to possible component issues and an FAA inquiry. However, should these issues be cleared up, we may expect a massive run to begin soon leading up to the mid October flight. We have solid support at $24, but the current price region of $25 is an adequate region to start accumulating. Below this, we have a gap fill at $21 and at $17. If you're waiting for a clear bullish signal, you can wait for news about SPCE's next flight to come out. I expect a massive spike whenever Virgin Galactic clears up their component investigation or the FAA situation. Good news like this can easily deafen the overall market trend, sending this stock into space. Other notable examples of recent stocks that have defied the S&P 500 pullback include UBER and LCID. So far, SPCE managed to break above several down trends (originating from the July peak). The bollinger bands are in a relatively compressed state, suggesting movement in the near future. Bullish indicators include a golden cross on the MACD and a break above the blue ichimoku conversion line. Stochastics are heading up to the overbought region while the RSI is near neutral, angling itself upward. Price target at around the $30 gap fill. If we break past this, then $50, in accordance with the resistance trend line formed by the previous two peaks in February and July. Longby Sleesc21
Virgin Galactic and CatalystsVirgin Galactic has a history of large price spikes leading up to significant flights. In February, anticipation for the SpaceShipTwo test flight corresponded to a 170% increase in price from January lows. This price action was preceded by a bullish break above Ichimoku Conversion and Base lines, a golden cross on the MACD, and a significant bollinger band compression (all on the 1D timeframe). In July, anticipation for Richard Branson’s flight corresponded to a 300% increase from May lows. This price action was preceded by similar bullish breaks as the February run up. The upcoming Unity 23 flight was unfortunately delayed, pushed from late September - early October to around mid October due to possible component issues and an FAA inquiry. However, should these issues be cleared up, we may expect a massive run to begin soon leading up to the mid October flight. We have solid support at $24, but the current price region of $25 is an adequate region to start accumulating. If you’re waiting for a clear bullish signal, you can wait for news about SPCE’s next flight to come out. I expect a massive spike whenever Virgin Galactic clears up their component investigation or the FAA situation. Good news like this can easily deafen the overall market trend, sending this stock into space. Other notable examples of recent stocks that have defied the S&P 500 pullback include UBER and LCID. Price target at around $50, in accordance with the resistance trend line formed by the previous two peaks in February and July. Longby Sleesc24
Space Been posting about SPCE for a while. Calling for this 24$ area holding as support. As it’s long term support line that broke one and dropped us to 16$ however I didn’t feel we would break this time. Throughout all this correction the market is currently undergoing… we still are holding it. We actually had a breakout of this potential falling wedge and a backtest. This would mean when this correction is over spce should see some decent upside. I’ve been looking for 35$ at least here for months. We still need to reclaim the 27$ range we failed last time we came up here but it is looking like a decent setup. I’m still in my postions with an averge of 24$ Watching closely by Erictaylor772
SPCETwo line options. Red is the alternative. It would be interesting to read your comments on which one is more truthful. The main problem in determining that it was a 5th wave movement or abc of wby S0rt0226
Why i expect SPCE to fall again ?Why i expect SPCE to fall again ? Under $20 SPCE go up only when we fly, and apparently we are not going to fly soon. Bad News - FAA Don't allow anymore any flight until investigation end - Major Technical issue is investigated with a supplier (needed for reentry in atmosphere) - Flight postoned, but it will postoned again from previous reason - High wind deviation in November (Flight window limited) - Possibility to liquidate shares again - Virgin Galactic is very prudent, if there is any doubt they don't fly, because they already had a accident in the past. Good News - November Q3 results My Forecast is Under $20 from now to November When all the bad news are gone, its time to invest again !Shortby jamdejam558
SPCE - Bottom is In?The bottom may be in for Virgin Galactic (SPCE). As you can see, SPCE has bounced from this trend line 5 other times in the past. There was one instance where it broke beneath this line with force but the catalyst was based on false news (rumor that flights were grounded until 2022). For investors and traders alike, this may be a great entry. There is still a possibility that we may drop as low as the red line, but as you can see, the purple line that it's currently resting on is much more influential.Longby ttrending5518
FAA Investigation and Commercial Mission for Italian AirforceSPCE switched from vertical growth and fall to sideways accumulation. SPCE tends to grow massively on News, yet fall in the absence of any. It's probably due to the emotional bond to space research many people & investors have and all of us want to see SPCE succeed. Their main advantage is efficiency. The plane-like runway take-off burns less fuel, so does the feather-like descend. SpaceX, Blue Origin, and other potential competitors use rockets with a vertical start. A disadvantage is that they only approach close to space without getting actually there. My first two analyses on this stock were turned out to be incorrect as I expected FOMO to be bigger after I saw what happened to GameStop. A third one expected a drop to high liquidity and a sideways action until a significant event takes place. A temporary bottom was created according to the expectations. A last one marked area of liquidity where we are right now. Today, I would like to mention two events that might influence price but are unlikely to be anywhere close to Richar Branson's personal approach to the border between Earth & Space. CNN: Richard Branson's flight to edge of space is being investigated by the FAA (Sep 2) Apparently, the ship was knocked off-course during the parade and Federal Aviation Administration didn't like the red lights in the pilot's cabin either. The course was corrected quickly after realizing that. It's one of the disadvantages of flying planes as opposed to rockets which would get less influenced by the upper atmosphere winds. I think FAA won't stay in the way of progress and it's probably nothing serious. If they didn't figure it out, Branson wouldn't join the crew in the first place. Also, I don't see FAA staying in a way of the progress of the most fuel-efficient company in this field. Virgin Galactic: Virgin Galactic Announces First Commercial Research Mission (Sep 2) And I thought that's what Virgin Orbit is for. Anyway, it's a mission from the Italian air force and the goal is to measure bodily functions such as heart rate. Why neither positive FAA investigation outcome nor success in the research mission shall bring comparable rally? Neither is as exciting as the company founder flying to space himself. They have already proven, they can do it. Lastly, the public stream is what attracted so much attention to their previous event. SPCE should return and exceed its previous highs but not until they start putting tourists on board. Hearing some of Branson's ambitious plans, I expect him to release even more shares to raise the company's capital by then like he did last time. It's best to invest now and take profit before a company decides to start building new ports everywhere . Longby OrcChieftain336
Bullish Divergence SPCE 1DBullish Divergence on daily chart on Market Cipher B and Wolfspack Longby R1geMan3
Virgin Galactic ready to deep downWell, it seems that SPCE ready to dump near 16-18$ within 1 month... I don't see more than 30$ within near future :( May be I wrong :)Shortby kurmanin3
It's time for next trip to moonI am adding some of this ticker in portfolio. Consolidating at really strong support level and i think the next wave is going to make it a new ATH. Longby rbswingtrader8
SPCE Something's Up...My dowsing keeps picking this stock out of a list with over a hundred names, as well as off a shorter list I have. Something is up. I'm getting that tomorrow, or in the next 2 days, there's going to be some kind of news that blasts this thing off. After it goes up it's going to fall back to earth (haha) and perhaps, take out prior lows, so it could be great on both sides. I'm expecting a move up around 20%Longby JenRzUpdated 4
Space!!! Such a great long-term investment! should be past $100 in a couple of years. Aiming for $20 short-term. We won’t see these cheap prices for long Longby Wenlambo2
$SPCE Analysis & Key Levels$SPCE Analysis & Key Levels I have WAY too many positions to be able to update on … So I’m just going to start posting the most recent support and key levels and my personal directional assumption… Do with it what you wish… I am not your financial advisor, but I will happily answer questions to the best of my ability but ultimately the risk is on you. Red = Key levels Green = resistance Blue = trendlines Have fun, y’all!!Shortby SPYder_QQQueen_Trading666
Virgin Galactic: How things are lookingfrom a technical scale this looks like a falling wedge that if broken to the downside could reach critical support level of $15 and creates a demand zone for those looking to getting cheap option calls on the derivatives market. There is also the possibility of this breaking out of the wedge and finding its way into a new supply zone of traders or market makers. at any rate i will be buying more calls on the way down if the opportunity arises Longby Eternal_Salsa224
SPCE: Gap fill alert to the downsideSPCE: Gap fill alert to the downside. Continuation from yesterday's selling pressure.Shortby GroundNinja115