Space
[SPCE] Launching to the MOON: Follow the Dashed GREEN Road!Mostly cosmetic updates for funzies and some bigger picture on this for you all.
Never gonna close below $10.50 on the 1W again.
Under white dotted line Price is likely to bounce back quickly... fantastic value.
Magenta is the current Value Zone.
There is what looks to be a decent fractal from the end of 2019 that may be playing out here at about 4x the scale. If that does come true, it would mean we drop down to the red line soon for a few weeks before we skyrocket again. That would align with an ensuing market crash and earnings FOMO blast off.
Lets see if it plays out! B)
Spirit Aerosystems a play or not?Spirit Aerosystems isn't spirit airlines. It's own by boeing and makes parts for boeing and inovates in the aerospace sector and from its website is also into space with a virgin galactic partnership. Now I've been watching this for awhile, yet I'm still not sure if i should go in but heres some levels I'm looking at.
Current findings
-Their earnings is they are losing money, yet they are tied into boeing and if boeing isn't making money they aren't either
-They have ties to the space sector, which comparing it to the other space stocks, they are underperforming
-They pay divends, so you could become a long term holder and get paid while hoping this company can recover after COVID
-Boeing has had a 34% drop in its price around June, yet SPR has had about a 50% drop giving this stock a potentional upside of 20% to go side by side with boeing. This reflects that SPR is struggling and can be shown as this company wants to layoff over 1400 people. From a quick search they have just over 5k people working from them. Big hit on their workforce short term.
Buy In
-Now I've market that you may take a position at this level with a 20% bounce back, yet I'll be watching for two key levels.
1: Sub 20 dollars since to be a fair value and has gone down as low as 16.70 (with dropping lower, yet springing back). Sub 20 dollar since like a good start if you want to dip your toes in.
2: An optmistic bull and don't mind gambling is taking a position in when it gets too 24.12-24.5 hoping for a breakout. Now this same level could be profit takers, yet around May 27th when it hit this level it broke out and giving a $12 high profit per a share. Roughly 30% return.
Final Thoughts
Its interesting stock and will just wait if it goes sub 20 and you could be worried if boeing would cut this company to cut boeing's loses, yet thats the doom mindset and don't think that will happen. I'll remain Neutral on this stock
Expanding On My Last Idea: I LOVE EVERYTHING ABOUT SPCEJust expanding on what I just said. I love the idea of this company and like Tesla, it could be the first of it's kind. 10 years ago people laughed at Tesla, now they're singing a different tune as Tesla is the most valuable car manufacturer in the world. Mark my words... 20 years ago it was the internet boom, right now and the last 10 years it's the tech boom, 4G/5G, streaming.... the next 10-20 years will be a space industry boom. I want to be in at only $20 a share.
-Aaron
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.
Virgin Secures Financial Package of $1.5 Billion - Huge Win!Just an FYI...
If anyone missed this today...
At approx. 1:59 PM today, news was announced that Richard Branson Secured a financial package for Virgin Atlantic of about $1.5 Billion.
www.barrons.com
This is also great news for Virgin Galactic Holdings, Inc. because it takes financial pressure off all the Richard Branson companies as a whole.
Also, on another note...
I've heard rumors the FAA gave Virgin Galactic the long awaited license it needs for space travel.
So we should have some great news forthcoming!
Daily Chart
SPCE is trading above the cloud and bounced up off support today to close up for the day, +0.33 at $18.43.
PMO is Bullish
RSI is Bullish
OBV is Bullish
Accumulation is Bullish
Where's the stock going from here? My guess...to the moon!
Best of luck longs!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Bullish Charts - The Space Force, News ForthcomingVirgin Galactic Holdings, Inc., an integrated aerospace company, develops human spaceflight for private individuals and researchers. It also manufactures air and space vehicles. The company's spaceship operations include commercial human spaceflight, flying commercial research, and development payloads into space. In addition, it designs, develops, and manufactures ground and flight testing systems, as well as provides post-flight maintenance services for spaceflight vehicles. Virgin Galactic Holdings, Inc. was founded in 2007 and is based in Las Cruces, New Mexico.
SPCE was upgraded a few minutes ago to a BUY
On 07/02/20, Virgin announced it will reveal the design of SpaceShipTwo's Cabin Interior via Livestream on July 28, 2020.
On 07/01/20, Virgin announced it is getting closer to obtaining an FAA License for Space Travel. (This alone should make the stock spike upon approval of the license)
On 06/23/20, NASA announced it is stepping up support for Space Tourism.
Virgin could be the Tesla of Space Travel.
Daily Chart is Bullish
Volume is Bullish
PMO is Bullish
MACD is Bullish
RSI is Bullish
Stochastic is Bullish
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
$SPCE testing its breakout resistance, big test coming!!SPCE is coming down to test the the previous resistance of the breakout trendline. This is typical of breakouts, and if it bounces from this point, I'd say we are cleared for higher.
If it gives up the range in the oval, this will turn into a failed breakout and SPCE could see much lower prices unfortunately.
FWIW, SPCE moves with the indices pretty aggressively, so I'm going to say everything will be dependent on the markets for the next 48hrs.
HUGE ACCUMULATION, TA and FA CONFLUENCE! HOLD ON FOR THE RIDE. Huge accumulation happening for the past 3 months. July 31st is the reveal of the interior of the space ship, and Aug 2nd is their earnings report, where they will more than likely announce they have received FAA certification, AND have scheduled date for getting RB into space.
This confluence is extremely rare to see in an asset.
Space Travel + CESIUM = Possible GamechangerPretium Resources Inc. acquires, explores for, and develops precious metal resource properties in the Americas. The company primarily explores for gold, silver, and copper deposits. Its principal project is the Brucejack project that consists of 4 mining leases and 6 mineral claims covering an area of 3,305.85 hectares located in northwestern British Columbia. It also owns 100% interest in the Snowfield project consisting of 1 mineral claim covering an area of 1,217 hectares located in northern British Columbia. The company was founded in 2010 and is headquartered in Vancouver, Canada.
On 06/04/2020, PR Newswire posted a story about Space Travel and an Unknown Metal called Cesium
www.prnewswire.com
www.prnewswire.com
www.kitco.com
In the article, it went on to say that Cesium can be used in ion propulsion systems, with 1 kilogram of Cesium used in outer space able to propel a vehicle 140 times as far as any other known liquid or solid, but it could be the game-changer for solar system navigation.
Cesium is a critical element of Global Positioning Systems (GPS). Atomic clocks track vibrations inside Cesium to measure time accurately. The same goes for GPS satellites orbiting Earth. It's only because of Cesium that they are able to precisely triangulate.
Now, the prospects of deep space make Cesium even more critical. Future missions in deep space could navigate the solar system with a form of GPS-and the defining moment will be the successful testing of the Deep Space Atomic Clock.
It will also be a huge part of the brewing "Cold War" with China.
The "Cold War" with China is being played out on multiple fronts: Control of critical metals, dominance over 5G, national security and deep space. All these fronts involve Cesium (Cs).
China has been in control of almost 100% of the world's Cesium but now, Washington is stepping up its game by adding Cesium to the United States list of critical minerals in 2018.
The article also said Pretium Resources (PVG) has an impressive portfolio with a huge opportunity for upside.
Construction and engineering activities at its top Cesium location continue to advance, and commercial production is targeted for this year.
On 05/01/20, PVG announced earnings that rocked Wall Street Estimates coming in at $0.140 Beats $0.06 Estimate, Sales $126.560 Million Beat $83.480 Million Estimate.
Price targets are continuing to rise.
On 05/19/20, B. Riley lifted Pretium Resources Price Target to $28 from $27, Keeps Buy Rating. - What does B. Riley know that we don't.???
The Daily Chart looks Bullish
Volume is Bullish and rising
PMO is trending up, Bullish
MACD is trending up, Bullish
RSI just crossed up over the center line, Bullish
Stochastic is trending up, Bullish
Sector is Bullish
PVG is getting ready to break out above the cloud.
6-Jul-20 8.53
▲ Mon PVG New York
6-Jul-20
8.53 Bullish Kijun Sen Cross
2-Jul-20
8.17 Bullish Tenkan/Kijun Cross
19-Jun-20
8.36 Bullish Chikou Span Cross Strong
"
" Bullish Kumo Breakout
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
NNDM broke out to price targetHello, so our last TA didn't play out as expected, yet last thursday we did have a breakout of 60k shares, yet was backfired with more downward movement. What was interesting from last week to this week our inflow and outflow on shares was showing entirely different picture. More inflows, which we got, should increase the price, yet it didn't which brings me back to what we talked about before, the short interest. I would bet most of the sellers bought around the $5-$3 range and sold out and bought other penny stocks, pretty much pump chasers. Now bringing back last TA we did double bottom on the nonext graph, yet the ext graph we created a lower low and as of now created a lower high, meaning more downward movement could be expected, yet there is some news that came out.
News
-NNDM got a US Army contract for the Dragon Pro
-On the graph I marked it and you might need to scroll over on desktop, but on July 7th there is a share holder meeting (not sure on the details, but can google nndm or nano dimensions on google and hit news)
-Speculative price action: Last year they were given promission to send its 3D printing to ISS and also moved HQ to South Florida, Kennedy Center is Midwest Florida. Along with that recently SpaceX is now sending astronauts to space, so question is whats nndm involvement with the ISS and the recent news with SpaceX
My Financial Speculation
Now I have told you guys I sold over half at $4, yet rebought at 2.50 and 2.7, well two days ago I bought at 2.42 believing this was unvalued and still is imo. This is judging based on Marketcap and price. i could be wrong, but doing some math and heres what I got.
current price future price | 2.94 | | x
market cap times money holdings | 24.57 | times | (earnings report+Private offering+last public offering = 53.7)
X = about $6.42 a share
Now I did this way lower at a 19mil mc, but it shows we are undervalued based on the money they hold, which one that July 7 if we remain under $6.42 we will moon and shows we will destroy the next earning report. Now give or take we might be shy of $6.42 or could be more due to the fact the breakthrough got nndm the government contract. Just food for thought of a long term holder.
TA
As of now 2.40ish is the double bottom zone, which will be massive support, yet I'm looking for 2.57ish to become support now and that 2.98 range, which was one of our targets. Now usually we will pop off and test that recent high, yet due to low volume in after market we got pushed down to 2.88, yet I don't see that becoming an issue.
-MACD turned bullish
-RSI is overbought-not sure if that matters due to the news that just came out since volume was trash
-VPVR levels are in a high trading range again.
-Since for now we doubled bottom we call the 2.34-2.57 range the golden zone to buy
Again like I said I believe this stock/company is going far in the near future. Sure they look like trash since the IPO, yet 3D technology was just getting started and most IPO are trash when they come out since its just an idea. Now NNDM has a product and is ready to go. Long term hold you'll make money, short term we are speculating the best price to buy. Again good luck and hopefully we see the $5 or higher before July 7th cause i need more Ramen.
[SPCE] Strong MACD and RSI Downward Trend Channels.. Wait for ItMy first SPCE idea is holding up great so far, still heading to $12 here, so wanted to dive in and pick out some nuance.
Check out those RSI and MACD trends, I wouldn't buy until we clearly breakout of these.
Slide should continue. Ideally we'd touch the RSI 30 and have one more MACD lower bound retest before buying.
Lets hope for some good luck here! The coming June crash could be just the catalyst we need.
MAXR big move coming soonHello, today I will talk about MAXR one of my favorite stocks since its space and who doesn't love space. Based on VPVR levels, support lines, and the slow down turn. We can suspect a big move likely to hit around next week on Wednesday unless we trade sideways .
Support zones to buy are the following
-9.98-9.85
-9.07
-and unlikely to hit before next Wednesday if we are bullish is 8.21
Why am I bullish? iIsee sideways consolidation since the inital dump of covid and hasn't been really moving much with the market, so we can suspect some catch up along with the United States reopening. I do suspect some mediocre earnings next round, but if they are smart increase in R&D during this crises like NNDM has done.
TA
-We are in a downtrend, but have been consolidating and creating higher lows with a double bottom around 9.07
-MACD is bullish, but is sideways showing uncertainty among weather to be bullish or bearish.
-RSI is the same as MACD and is Neutral
-Trading is a Sell on the hourly
-Most bullish thing is we are above the 50ema on the hourly and if it holds we will see major bullish movement, so one week is a good timeframe to suspect the move
I'll be bulish and have bought in at 10.15. I know I could play it smart and wait for my targets to hit, but we are already at a discount compared to our $15-$17 range and with the Space market expanding every month with Tesla and Virgin Galactic along with Blue Ocean; might be a good time to buy some discounted shares for a mid long term hold. I may buy some more shares if we go under 9.90
$5,000 Mistake On SPCELet me walk you through one trade I took back in February. NYSE:SPCE
Waking up on Feb 25th, I noticed SPCE started tanking due to bad earnings. Recognizing this Head & Shoulder pattern wasn't difficult... At All!
Even though I had just started options trading the week before, I decided to trust my technical analysis opinion and took the trade. On Feb 25th I bought 3 $29 strike puts expiring 2/28 (2/28 the morning we bottomed out at $20).
Waking up the next day (Feb 26th) I sold all 3 contracts for a 80% return as I really didn't want to be greedy. Although as you see I should've trusted my TA and not let emotion come in between me and the bag.
Everything is a learning experience and part of the plan. Keep your head up, trade with confidence and let's get this bread.