FINALLY!! News on Space Launch Test this month and more!!!FINALLY we have some hint of the flight this month!! Also "Blue Origin" to announce ticket prices tomorrow and leaks that it is North of 500K vs 250K on Virgin Galactic. That is good news!! They both carry 6 total, but a lot more training is required for Blue Origin due to being your typical rocket. Virgin has 600 tickets reserved. It is just a matter of time. Virgin said the other day that they are already back in the air preparing for the next space launch test.
And this is is todays news out just 21 minutes ago!! :)
twitter.com
Virgin Galactic
"Today's view from our mothership #VMSEve, as preparations for SpaceShipTwo Unity’s next test flight continue. Eve is uniquely designed to carry our spaceship to approx. 50,000 ft, where our pilots release it and ignite the rocket motor for the final 60-second flight into space."
Spac
MUDS Fibonacci -- TOPPS Undervalued NFTsA lot of signs pointing toward this one being massive, even long term. NFTs not valued into initial merger, just starting to see the potential added value NFTs have. TOPPs will continue to get revenue from resales via NFT mechanism, will probably look to expand collection to all their partnership franchises (Marvel, Star wars etc.)
Oh, and Trevor Laurence NFT released today.
Stock Alert: CLOVBreakdown:
Heavy sell timeframe (Highlighted in Red box) from 2/23 to 3/8. Looks like $9 is the Resistance level here. Possible that this takes around the same amount of time to complete run back up (Highlighted in Green box) with a completion date of 4/30 that would put us back in the $11 price. CLOV might have a few volatile days along the way but I'm pretty confident in a $11 PT. I don't see this going down past $7.30 for long before bouncing back so not much to risk here really.
I'm not sure how much higher this could reach if/when it reaches $11, FOMO would likely be in "full effect" at that point.
*Support, Resistance, and Price Target Marked in chart*
Will try to update as days progress.
Lets see how this plays out!
*Please leave a like if you find this idea helpful, thanks*
SEAH - Sub NAV with options? Backed by a trust value which means one can write options without the worry of a drop in the underlying stock.
Obviously, once the trust value is used to facilitate the merger, it is no longer a safety net so one would aim to exit before then or accept the risk of not having a safety net.
Updated TA for $ACTCProterra is a force to be reckoned with, as the Biden administration recently came out with a statement regarding the necessity of transforming traditional ICE buses with new, fully electric fleets.
"Biden has proposed spending $20 Billion to electrify at least 20% of school buses and $25 Billion to electrify some transit vehicles as part of his $2.3 Trillion infrastructure and jobs plan. He said Proterra "is getting us in the game".
Proterra currently owns 50% market share of the electric bus conversion niche in North America. They will obviously be recipients of this pool of electric money from the Biden administration, as they are one of the few American companies doing this very process at scale.
Biden virtually visited the main Proterra plant on the 20th of April and plans to visit in person soon.
Space plays coming soon from galaxy not farawayNow its true SPACs have got beat down and its hard to valuate a future potential of a company. HOL or ASTRA is a company I believe that will be successful just by the field its getting into. The question is what will SpaceX or Blue Origin do in the future. Will they be in space exploration or be like an Amazon and dive into every field and niche of the space field/economy. For now Astra from reading about them is they will be the Space Transportation company of goods and materials in Space. As Virgin has the hospitality sector, which is pointless at this time and SpaceX is getting contracts with NASA too send astronauts too Space and now got one to go to the moon. Other Space plays is MAXAR, which is a safe play, but won't know its value with StarLink IPOs which may take market share from them. If you don't care then the UFO etf is a safe play that has a little of everything or the new and risky etf atm is Cathie Wood's ARK X etf, but I trust Cathie, so diversity into both ETFs might not be that bad.
News
-Now there isn't much, but the biggest one is on Mar 1st, they partnered up with NASA too use them. It's a big step and something too take in consideration with this downtrend
-Q2 the ticker and name of the stock is changing to the proper ASTRA
-SPACS have got hit pretty hard with a new consider in the sec that might have different views on SPACs which causes fear.
-Whole market (besides crypto) have been in a downtrend
TA
-We are sitting at atl/premerger levels. Buying now is buying when VC/early buyers into HOL (separate from ASTRA. The name and ticker hasn't changed yet)
-RSI we are considered oversold, but havn't hit way oversold levels with resistance at 56.32. This may be common as SPACs havn't recovered yet but leans bullish and a swing trade, but bearish atm
-MACD is bullish
-50 EMA sits at 10.35 and we havn't made a move towards it, yet even with other space news such as the first flight on MARs vi drone or the deal with SpaceX going too the moon
-Support lines don't excist, so we are buying a "falling knife" with an unknown bottom.
-Resistance is at 10.37/50ema, 11.37, and 12.28 in the short term
Final Thoughts
At this time you might want to buy with spare funds, since a name change could be a catalyst with investors going to ASTRA's website than Holicity. I'm a long term believer as well, since space transportation will be massive and with NASA hiring more private companies it looks like it will only go up. During SpaceX mission too the Moon, I do see this company picking up steam as they would need to transport more materials and goods to help supply the space route too the Moon from Earth as we build a moon base. This is a pure spec play as well, so to lower the risk a space etf is for you.
THBR SPAC Semiconductor merging with Indie THBR is merging with semiconductor company called INDIE semiconductor. New ticker will be INDI.
This is for entertainment. Do your own due diligence. This is not a recommendation. I am not a financial advisor.
Price needs to be above $11 and break the trend line for fun to begin. Hopefully!
CNBC already covered this stock once
Bloomberg, Marketwatch etc.. could be the next.
Catalysts:
1. They make semiconductors for cars
2. Shortage of semiconductors
3. Biden pushing semiconductors' CEO's to meet the demand
4. They(INDI) already have product in the market, not like any other SPAC(with no product out yet)
5. Demand expected to be high in the future and analyst have price target for $17 already.
6. Merger date expected in few weeks or days.
7. If merger happens in few weeks or days, this will overlap with earnings of AMD and NVDA, which could hype semiconductors even more.
8. RSI is lower in number and reversal is likely.
QS and Ehang went above $100 with their SPAC deals, can THBR do the same and become a $80-$135 stock in few days/week? No one knows.
We need this quote- "SPAC is BACK"
Vector Acquisition Corp (VACQ): Rocket Lab to the moon?Vector Acquisition Corp NASDAQ:VACQ
What a brutal drop! But I'm still holding on and in fact, accumulating more for the Rocket Lab IPO.
I'm definitely not a professional advisor and this is not professional advice.
Rocket Lab in the news:
Rocket Lab has now delivered a total of 104 satellites to Earth orbit.
www.space.com
Rocket Lab's next reusable rocket mission will test a new heat shield
www.engadget.com
spacenews.com
spacenews.com
Go long scantily clad women and NFT's! PLBY all day!Yes, you heard it here first, I am going long and strong on Playboy, a pure play on boobs and NFT's. Their vaults are bulging (no pun intended) with content just waiting to be converted and sold as NFT's. They had their initial pop and the stock has been bouncing around ever since (lol) but has recently appeared to have found a footing at the $25 level which should act as support going forward.
Go long and strong! Even in the darkest of times, Playboy sales maintained because people need their entertainment just like they need their booze to wash the sorrows away. It gives you sin exposure that is recession-resistant and has great growth prospects.
PSTH momentum analyisisSmio is moving upwards and until it hits 0 price will not experience any major dips. Currently the price is over EMA for the first time in a period.
TPG Pace to acquire Engie Seller’s subsidiary EV Charged B.V.TPG Pace Beneficial Finance Corp. (NYSE: TPGY.U, TPGY, TPGY WS) ("TPG Pace"), a publicly traded special purpose acquisition company that is focused on high-growth companies with strong environmental, social and governance principles, announced the confidential submission with the Securities and Exchange Commission ("SEC") of a draft registration statement on Form F-4 (the "Registration Statement") relating to its previously announced business combination with ENGIE New Business S.A.S. ("Engie Seller") pursuant to which TPG Pace expects to acquire Engie Seller’s subsidiary EV Charged B.V. ("EVBox Group").
EVBox Group Partners With Energy Solutions Provider Aetna Corp. to Expand Electric Vehicle Charging in New England, Mid-Atlantic and Beyond. Aetna’s expertise working with retail, hospitality and grocery sectors will help make EV charging more accessible and readily available to a wide range of drivers. (businesswire.com)
My target is $22.
If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
$IGAC - Bullish Divergence (READY FOR THE BIG RIDE BABY!?)This one has been quiet for a while. Bradley Tusk doesn't hype his SPAC like other founders. He is a results driven person from what I can tell by my own research. I see a descending wedge with bullish divergence on the hourly. I am looking for 11$+ on the upside. If a major target is announced (several rumors of FanDuel, Epic Games, etc.) then it will of course go much higher. This is all speculation and nobody knows what the target may be, other than it is in the hospitality, leisure, and gaming focused areas. I am not a financial advisor and you should perform your own due diligence. I am not responsible for any gains or losses you may incur by reading my charts or analyses. I have a position in this stock and/or stock warrants currently. $IGAC
PSTH- Merger Announcement action!I’ve been in Ackmans SPAC since the beginning. Holding 100 shares with a cost basis of $20.57. Can’t wait to see what MONSTER he takes public!
If you haven’t read up on the special tontine rule with this fund go check it out. If you hold through the merger you get warrants!
UWM is turning around, have a good feelings about this!There has been a lot of drama lately in the SPAC market ( SPACK ATACK) as most of them have lost significantly.
However IMO this could be a long term profitable holding.
Here are the good news :
We see higher lows and the bottom has been set.
Macd has turned bullish on March 2nd and remained there. If Macd will cross above zero, bullish trend is confirmed.
We also will need to break above $10 and stay above it to confirm bullish move which may take another couple of weeks.
This is not a financial advice.
$QS PT 120 and higherQuantumScape, a developer of what are known as solid-state batteries, has entered into a definitive agreement to merge with blank check company Kensington Capital Acquisition Corp. EV battery manufacturer backed by Bill Gates and Volkswagen. Implied Value of combined companies is $3.3B
QuantumScape Corporation engages in the development and commercialization of solid-state lithium-metal batteries for electric vehicles. The company was founded in 2010 and is headquartered in San Jose, California
$RIDE PT 30 and higherLordstown Motors Corp., an automotive company, develops, manufactures, and sells light duty electric trucks targeted for sale to fleet customers. It primarily develops Endurance, an electric full-size pickup truck. Lordstown Motors Corp. was founded in 2019 and is based in Lordstown, Ohio.
$BFT Rocket Time!For $BFT HODLers, we understand what we own. Paysafe is an online payment juggernaut, with little attention from outside analysts covering the SPAC merge.
The technical indicators are there to indicate a reversal in price action, and Paysafe has never had more sound fundamentals as well. It seems that MM's have kept this one down for a reason- excited to see what unfolds over the next few months.
CCIV With a healthy Retracement Ready to LongWe already testing a healthy 78% retracement of CCIV. Now we are looking for confirmations on some buying opportunities.
VACQ: Vector Acquisition and Rocket Lab mergerNASDAQ:VACQ
I spot a nice triangle (or wedge?) signaling a major breakout. No idea if it's to really to the upside but my guess is that it's going green. There's that recent announcement that Rocket Lab is going public via SPAC called Vector Acquisition (VACQ) is promising. This IPO could be a game-changer. I'm still researching the company but they seem to have a lot of potential. Who knows!
Do your own research. This isn't financial advice and I'm not a financial advisor. I am not a cat.
References: www.rocketlabusa.com
CCIV lucid dream completeLast post I said it was lucid dreaming, following that post we saw around 50% drop. I think CCIV is almost done day dreaming and will see a rebound soon. Sitting right on the 200ma on the daily, I have the 8ma pulled up and expect a ride up/continuation here.
Thank you for checking out the post! Good luck trade safe
Clover Health Continues To Track The Broader Market Very CloselySince the market started selling-off late February due to disturbance in the bond market, the movements of $CLOV has since been mirroring the direction of the overall market relatively tightly. With the closing of the market earlier today after a considerably sideway and mixed trading day, S&P 500 rose by 0.60%, NASDAQ fell by 0.04%, while Dow Jones Industrial Average rose by 1.46%. Similarly, $CLOV also had a relatively mixed trading day, showing green for the first half of the trading session, and later closing slightly red on the second half. These movements can be attributed to the general market condition as well, where during the first half of the trading session, the release of bullish CPI data edged the market higher, while a relatively average and within expectations $38 billion 10-year notes auction brought the action back down to trade relatively sideway.
I expect $CLOV to continue tracking the overall direction of the market closely, at least for tomorrow, where we await for the result of a $24 billion sale of 30-year bond that can potentially move the market significantly in either direction, should anything unexpected occur.
Regardless, it is good to note that on a technical perspective, $CLOV is approaching some key trading area that we need to take note of.
We are currently resting just below the dynamic resistance formed by the bottom of the previous bearish channel that were trading in before this bond-induced market correction. While we may have already rejected this area once (likely due to the broader market movement as mentioned above), if we are able to break back into the bearish channel, our next target would be the next Fibonacci resistance and the top of the aforementioned bearish channel at around $9.92. However, if we fail to break back into it, we could be looking at a re-test of $7.78 or even $6.67. As such, tomorrow's trading session will likely be a very important one as it will give us an indication of where we are headed short-term.
Invest safe.
This is not investment advice so please do your own due diligence!
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XL: Real Revenues, Real Product, My Favorite EV SPAC PlayXL is a maker of hybrid and fully electric engines for trucks and cargo vans. The company sold over 4,000 units in 2020 and are projecting 9,200 this year. They do not however only sell hybrid/electric engines, they also recently got into the charging market. They announced a partnership with UBS arena (NY Islanders stadium) to deploy 1,000 charging stations in the parking ramp. This is a first of it's kind deal in the industry, and I believe this is just the beginning for XL in terms of partnerships with large event venues.
Anything tied with EVs and SPACs has been absolute mania recently. The pullback across the board though has given great buying opportunities into well run, real revenue producing companies however. And I strongly believe XL is one of them.
Technically looking at it as well, it broke it's $18 support level when the entire market tanked late February. It now is showing signs of a reversal coming of a Tom Demark niner as well as momentum picking up after the company appearing on Mad Money. I believe the stock will quickly get back to it's $18 support level, and eventually make a push back to the $26-28 range.
I am using that $26-28 range as a 6-month price target.