Galactic
GALA/USDT 4HOUR UPDATE Welcome to this quick
Gala/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- trendline bounce and 100ma
Entry:- cmp And buy the dip in green zone
Traget:- 30% to 35%
Stoploss:- $0.08134
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
GALA/USDT 4HOUR UPDATE Welcome to this quick gala/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- gala/usdt make triangle in 4hour chart and allready retest it.
Entry:- cmp and more upside the 50 ma
Traget:- 40% to 50%
Stoploss:- 0.08395
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
SPCE triangle heaven and we had a sneak peakSPCE pulled back to it's major trend line this morning after a brief tease of what will happen soon. Keep you seat belts bucked and hang on. I love cult stocks!! Although I know in the event of a launch of this stock price we will come back to reality or at least in the 30's-40's until the next round begins. GL! :)
SPCE - Time for the next big move!First of all let me start out by saying that I believe that Virgin Galactic is an amazing long-term investment company, it is first of it's kind and it is start a completely new industry of space travel. Short-term things are at a key descision point. We are moving on the 1 hour chart inside a small channel, that we are most likely going to hit it's resistance and from there on we will either bounce back to the bottom of the channel which will result to drop to around 20$ . This is where it is the best long-term buy price, where you will be good to go to buy and hold for the next few years and even longer to just enjoy the huge returns. Otherwise, if we break the channel and go above 27$, we should see the price to atleast 35$ which would be the hight of the Daily triangle. On that price we are again going to have to wait for the price to decide if it will leave the triangle and go to 60-70$ or it will not break the resistance at 35$ and it will retest once again the lows of the triangle to 22-23$ and then go for the 60-70$ price. Either way, this stock is an absolute gem right now and even at 25$, if you buy and hold it's an amazing position for the next 5-10 years and longer.
VIRGIN GALACTIC aka SPCE is reaching an apex, will it launch?Hey everyone, today we're looking at a longer-term stock that has the potential to get exciting very quickly. I'm really liking how the fundamentals and the technicals are lining up on this wedge I've drawn, what do you think?
Note the end of this Wedge is targeted by November 2020. Meanwhile, there is a strong catalyst that will have this stock either moving higher or lower, and one should be watching this wedge pattern alongside the news:
4 days ago this report came out:
The flight will be the first of two that the space tourism company has planned to complete testing of its SpaceShipTwo spacecraft system and should have just two test pilots on board," CNBC's Michael Sheetz wrote.
"Virgin Galactic said last month that the second test spaceflight will then have four 'mission specialists' inside the cabin," Sheetz added. "If both test flights succeed, Virgin Galactic expects to fly founder Sir Richard Branson in the first quarter of 2021."
If you aren't watching SPCE right now, it's probably a good time to buy and then watch your indicators. I'd hate to miss this, but it's a high risk, high reward trade and so one should set a stop-loss according the the wedge and use the fundamental news as an indicator to match against the future candlestick pattern.
Good luck and happy trading.
Disclaimer: I am not a professional, nor do I claim to know what I am doing. I chart for my own education and revealing potential trade setups. I am always open to constructive feedback and resources that you can recommend to "up" my game. Thank you!
TSLA & SPCE longIll be out using my spce winnings in the north ga mountains :) in the meantime, ive parked my funds in shares, and options contracts in these companies.... as well as NIO, but refer to my earlier idea for more on my feelings on that matter.
Goodluck friends trade patient, trade your plan, trade smart
SPCE Bullish Breakout: The Beginning To New Highs (IMO)In my opinion, SPCE is a lifetime stock. I'm just happy to be young and alive at it's IPO. I'm holding shares and I believe in this company. I DO believe we're bullish from here, no reason to fall back to $10-$15 again.
• Disney executive appointed new CEO is legitimizing the company as "this is real"
• Ships are almost ready to go
• Branson is first in line to go to space (I'd be second if I could)
• We're on the backside of COVID - this stock could held highs and already moved higher if we didn't have the market crash
• NEW bullish activity happening now and VOLUME is picking up
• Cabin reveal is coming up at the end of month
• Hundreds of preordered tickets confirmed and thousands in reservation mode (over 100 million in possible sales already)
THE FUTURE POSSIBILITIES
• tickets get cheaper
• Disney creates a "space world" in partnership with Virgin Galactic (zero G simulation rides, education/inspiration rides, best planetarium you've ever seen)
• interplanetary travel made much faster - Atlanta to Tokyo in 2 hours with new ships (this is actually already being planned)
• VG ships are already compatible with current international airports (no special runway or launch pad needed)
• other space and research partnerships with medical companies, NASA/government, satellite companies, etc
Buy and hold forever!!! This company could be the only stock you'd ever need to own. Imagine, $1000 price point in 10 years, with 1000 shares = $100,000 average profit a year. If you want to go to space, like I do, hold at least 250 shares and in 10 years they might be worth $250,000 and you can easily buy a ticket then. Bless!
Friendly reminder: All of this is my opinion. I do hold shares. Please invest wisely.
Commercial Space Virgin Galactic has been testing their launch system which uses the aid of a Boeing 747 to launch payloads into space. Their commercial application although still in testing phase has optimistic potential now. Especially considering the applications that commercial space logistics can play in the future
SPCE Virgin Galactic 🚀🚀🚀🚀 I”m Long Here 17.45 here we come I know most people are short here
But when the long term Trendline held at 14.78 that was enough for me to long
If you followed the price action over Wednesday to Thursday’s action it was trading at such a tight range and the bears we’re unable to pull the price lower.
I’m expecting news from virgin orbit launch and keeping a tight eye on Tuesday’s open.
The news of Branson selling stock is over and behind us, I think investors will start to jump in here for a long up to 17-18. I expect some choppy play, but this looks bullish to me on daily
Bullish
Long term trend line
Lower end of channel up
Heavy tight consolidation
News coming for virgin orbit
Bearish
Trend down still in tact, I expect a test of 17.34-18.05
That’s the do or die line for me
Let’s see what happens