Virgin Galactic, will it do it again?

It usually bounces between 60 and 170 percent, previously it has respected the buy and sell signals of the squeeze momentum indicator, if repeated it could return to a minimum of 40 dollars and a maximum to the range of 50-60 during the next quarter.

It has a strong support around $23 and a significant resistance at $35, if it passes it, we should expect a greater rise. And in the other case, if it breaks the support, the next bottom is at 20 dollars, more than that it is practically impossible for it to fall.

SPCE
aerospaceOscillatorsspaceexplorationsqueezemomentumSupport and Resistancevirgingalactic

Related publications

Disclaimer