Deepretracement
$SPCE Virgin Galactic Holdings potential LONG Trade Setup$SPCE made a 90% retrace of it's last run.
Nice bullish divergence on the daily.
Something to watch though is the small gap at $ 17.30
Maybe wait for a confirmation daily close above the daily EMA 20 to enter.
If the gap somehow gets closed before we run, its a STRONG buy imo.
TKAT- Gamble on the NFT crazeGambling on TKAT is in a way not much different from gambling on blockchain stocks back in 2017.
Anything digital is a fair game in the realm of NFT as even tweet was up for sale as Jack Dorsey demonstrated that today.
TKAT's Insider ownership is almost 50% and TKAT's institutional ownership is close to zero, indicating the high volatility this stock possesses.
Volume has retraced more than 66% since it reached its record on Wed. It seems to me that TKAT is at beginning of the distribution stage.
Short interest is low and market is irrational so I'm not ruling out a modest correction followed by the continuation.
Game plan: Market buy 1/5, then fill out the rest in the demand zone.
TKAT is volatile. DO your own due diligence. Not the investment advice.
UNI- Deep correction may indeed be overThe governance token of granddaddy of all AMM and DEX.
I believe the deep correction is nearing its end, but there could be another re-test near the bottom of the demand zone.
DeFi governance tokens are volatile by nature so proceed cautiously.
Just my two cents. Not the investment advice.
SXP- Could be starting a new trend after the deep retracementSwipe (SXP) is the crypto card provider offers services in more than 30 countries, including Spain, France, and Germany, competing against crypto.com and Coinbase in the crypto cards market.
On Aug.18, it received the regulatory approval to enter the U.S market.
Still has more room to fall on the daily timeframe. Facing the resistance on the 4hr timeframe.