SPCE: Near-term forecast

Updated
Hi everyone,

Just to share a near-term forecast.

I think that SPCE (Vigin Galactic) will find support around 42, before it bounces.

This is supported by: 1) trend-line support 2) Internal 38% Fibonacci level 3) Completion of 5 sub-waves.

However this analysis ignores near term fundamentals.

Good luck!
Note
Hi everyone, as SPCE announced the flight with Richard Branson after hours, the fundamentals now void the technicals...
FibonacciSPCESupport and Resistancevirgingalactic

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