Virgin Galactic ?Wave 5. SPCEThat 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 aside, Fibonacci in crystal clear green and invalidation noted, as always, in red. Good luck out there.
Trade ideas
spce. space tourism leading the market.This one both confuses me a lot and doesn't surprise me. I can see how if money had little or no meaning then maybe I would think why not just go for an afternoon launch because f*** it? On the other hand, how could one possibly rationalize spending money on this? Are you considering spending money on becoming a space tourist? For half the price I can give you triple the perspective. I can even include risk of loss of life depending on your level of investment.
I'm joking by the way, I don't want people to start thinking crazy. I know text doesn't always come across the way you absent mindedly might have hoped it to. Unless you are actually considering my proposal, in which case, it is whatever you thought it was.
TARGET HIT $SPCE @ 39.80 for 40.14% Profit in 142 daysTARGET HIT $SPCE @ 39.80 for 40.14% Profit in 142 days
OMG... that was a really long hold 🤣 I was sweatin' it a little bit at the end there.
GOOD GAME if you rode that pullback with me. WOWZA... but it helped me refine my strategy a bit. GL, y'all... I'm out for now...
SPCE: What's the next move?Last time SPCE formed a golden cross, it grew more than 100% following its base formation. All indicators and patterns are in favor of a move toward $70.
Here are the 5 reasons for a bullish move:
1- Golden cross.
2- Solid base with low selling pressure.
3- Recent gap up on high volumes.
4- Growth momentum in the overall market.
5- Numerous positive catalysts on the horizon. Branson to space?!
Long $SPCEInteresting "do or die" time for SPCE in my opinion.
I'd like to see it fill the upside gap approx $42, however we are at a significant level that has multiple previous reactions.
Generally increased volume should be favorable to continue the uptrend we have currently, but with our modern wonky market, all you can do is protect your position with appropriate risk management. I'm long here and targeting 42, stops tight below.
not financial advice.
virgin galactic moving to the upside we have a potential buy for a quick trade on virgin galactic, we have seen buy pressure breaking the weekly zone and lower timeframe downtrend so on Monday we might be placing a trade to the upside with a buy limit order just above the break of lower timeframe lows. we know the stock market is seeing moves to the upside after the sell off and we are seeing breaks of major levels so I'm very confident that we will see a quick move to the upside before a higher timeframe exhaustion.
Virgin Galactic.We'll probably see them on the news.Virgin Galactic.
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.
Virgin Galactic is an American company that is part of the Virgin Group and plans to organize tourist suborbital space flights and launches of small artificial satellites. In the future, the company plans to offer its customers orbital flights. Virgin Group is an international conglomerate of companies founded by British businessman Richard Branson.
Dynamic Suppistance Curve analysis on SPCELast week SPCE moved up to a medium resistance level and has been trying to work its way through overhead resistance (both red curves). It seems to be holding and I am detecting a positive shift in momentum for this stock next week. I believe it will be squeeze whilst moving downward for another day or two and then break through overhead resistance with the next resistance level being all the way around the 45$ level.
looking for a drop to 34$ early next week with a bounce through resistance to at least 40$