SPCE: When is the break out?
Updated
Here we have a trading channel and two outer boundaries that act as support and resistance. Currently we are within our channel, and just above a support line. If it breaks, we should see 16.5 and if it bounce as shown in the chart, we will see 72 in September.
Note
Two more green days above the white line will confirm the break out toward 50 initially and 72 later.
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Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
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