SPCE Long +39% Target
Some thoughts on further SPCE price dynamics within 1-2 next weeks.
SPCE will continue the upward movement till 60$ with a futher possible retracement to build up a C&H pattern with a next target around 68$. Closer to earnings we might see a price reversal or a breakout to new highs.
SPCE will continue the upward movement till 60$ with a futher possible retracement to build up a C&H pattern with a next target around 68$. Closer to earnings we might see a price reversal or a breakout to new highs.
Trade active
Note
It is possible that price will break over the resistance trendline- in this case we will reach first target at $60 in shorter time.Trade closed: target reached
TP reached at 56, now waiting for a retrace to reenter at lower level.Trade active
SP from 57 till ~55.Trade closed: target reached
Short Position target at 55 reached.Note
Out of trades on this - monitoring.
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.