As anticipated, SPCE (Virgin Galactic) has reacted within the key Fibonacci zone, between the 1.618 level ($3.41) and the 1.786 level ($2.92), triggering a strong rebound. Our first target is set at $6.16, followed by $7.05, where partial profit-taking could occur.
However, the stock still has more room to rise, with potential for further upside if volume supports and key resistances are broken. We continue to closely monitor the price structure to confirm the trend’s continuation. 🚀📈
However, the stock still has more room to rise, with potential for further upside if volume supports and key resistances are broken. We continue to closely monitor the price structure to confirm the trend’s continuation. 🚀📈
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.