4SPCE trade ideas
[SPCE] Lookin a Lot Like a SpaceX ROCKET Right Now!Aaaaaaaand that ladies and gentlemen is why you exit FOMO stocks at the top, I shed 50% in total averaging ~$33 over 4 cashouts.
If this touches down on green and especially dotted line, you can bet I'll be loadin up again B).
OG Idea:
More OG Idea:
SPCE Virgin Galactic Ready For Selloff? This is when i told you about the Buying opportunity of Virgin Galactic stocks, at 21 usd:
Test flight failed to reach outer space!
The company said that during a test flight launched on Dec. 12, the rocket motor “did not fire due to the ignition sequence not completing,” keeping the flight from reaching space. (marketwatch.com)
The indicators gave a sell signal on Friday.
f you are interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Virgin Galactic The testflight of SpaceShip Two was aborted and therefore the chances are high that the stock could come down.
The priceregion at 18$ acted in the past as significant support and also entails a Fibonacci cluster section. Therefore I am looking out for a trendreversalpattern at around 28$.
SPCE : ...... A SIGN? So, I shorted today at highs, after seeing how cheap calls got I set up a straddle and extended my time frame
I am a firm believer in elliot wave theory & gap fills
charts never lie
seeing an expanding wedge above the 78.6 was honestly all it took to change my thesis
(:
Broke 78.6 retracement, If a break above the 78.6 ext; it will set up SPCE for new ATH's
SPCE is giving me a JKS vibe......
my PT's are marked on the chart!
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completely trading against my macro thesis here
but the chart has a pretty clear pattern now
a break into the 38's will be confirmation that we should see resistance @ about 46 in my opinion..
with this much volatility recently over here I wouldn't be surprised if it happens by EOY
with that being said - FB got sued by 48 companies yesterday.... hahahahhaha, China is now using digital currency- which sets up for deflation in the U.S.
if claims are a miss today I could see another leg down in the markets, which is why I haven't covered all my short yet B)
just good to keep that 'expanding wedge' thought in the back of your mind
Have we reached "A New paradigm" yet?
... give it a couple more days
just a feeling
anyway,
GL!
[SPCE] Fractal Theory is Incredible... Don't Believe? See THIS!Just updated the purple downchannel as a fractaled iteration of my first one and sure enough it aligns exactly, both at the mid point and the top.
I closed 1/3rd my position for >100% ROI, will rebuy more than I sold when it gets lower.
See the OG idea that called this peak exactly on the mufckin money...