SPCE Broke out of falling wedge
SPCE broke out of falling wedge but expect more moves to the upside as suggested by MACD indicator with fast lane and slow lane hovering above 0.
For a good entry, wait for the RSI to reset below 30. I'm expecting an upwards continuation for this week. Set stop loss at upper descending trendline.
For a good entry, wait for the RSI to reset below 30. I'm expecting an upwards continuation for this week. Set stop loss at upper descending trendline.
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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.