Mr_Galactic

Mr_Galactic

It consolidated along the .618 retracement for longer than I assumed it would, but we eventually broke it. For now I think we continue toward the next support zone into the lower $20’s range as previously stated.

Mr_Galactic

If space closes under $30, I believe we’re going bearish until the next retracement support in the lower $20’s.

Mr_Galactic

Currently testing those key supports at the $35-$40 mark we talked about last week, as the pattern starts to complete itself. Watching for confluence of indicators, which could be the sign of a trend reversal & a strong buy signal. I love it when a plan comes together.

Mr_Galactic

The perfect set up for a Bullish Gartley pattern, currently completing its formation. LEDS was undergoing a price correction this week, due to the overbought status from the previous week where we saw a breakout. We also saw an earnings report, which helped fuel the overall bearish sentiment and pushed us below the $15 mark. I have been watching this once...

Mr_Galactic

Signals for a bullish Butterfly pattern currently forming. We might be gearing up for a possible retracement back into the $35-$40 range upon completion of the butterfly, which is where I’d look for an entry. SPCE seems to be consolidating for the moment, as it builds momentum for the next push to an all time high. As we gear up and advance towards the July...

Mr_Galactic

Upon the FAA approval of VG taking passengers to space, we saw one large movement today. This swing was a tad more than expected. Needless to say, i doubled my portfolio. How about you? I know a buy signal when I see one!

Mr_Galactic

With the weekend around the corner, the RSI peaking, and the Fibonacci convergence... I expect we’re going to see a slight pull back towards the support zone around the $30 mark (38.2% FR) Going into next week, after finding our support zone, I expect we’ll be on the climb to find the next resistance zone at around the $45 mark. (61.8% FR)