💰🧧 Year of the Metal OX 🐂 🏮❤️💰💰💰 (Aerospace🚀👩🏽🚀 )This is the 3rd part of our 'Year of the Ox' picks.
On the first episode we looked back in 1961 (the last year of the Metal Ox) and the similarities with today (recovery after recession, then and now!)
The second part was our analysis on the Softer (Yin) Metals, especially Lithium and Nickel.
This third part is focused on Aerospace which is an industry I had invested in last year through the XAR ETF
So, back in 1961 Yuri Gagarin was the first man in orbit, in 2021 Sputnik is the Russian vaccine - interestingly enough.
This industry is likely to boom in the years to follow as Elon Musk and others ( have some fun watching this gem ) are investing in new technologies and the plan is to get humanity on other planets, get our hands on resources from 'space mining' and eventually colonize the unknown. Biden's plan is promising , just to add to the general understanding of the potential here.
The key to scoring huge gains in the stock market rests in identifying innovative hypergrowth companies in the top of the first inning of their growth narratives. And, with that in mind, I’d like to introduce you to space technology pioneer Momentus — who, through a merger with blank-check company Stable Road Acquisition Corp (NASDAQ:SRAC, is on the verge of hitting the pubic markets.
In the next parts I will also cover 3d printing which is related to space exploration. Keep in touch for more. 🪐👽
THE FXPROFESSOR 🌎
Spacex
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! :)
MUSKCandle, NO Comment, No trendline...“You will begin to touch heaven, Jonathan, in the moment that you touch perfect speed. And that isn’t flying a thousand miles an hour, or a million, or flying at the speed of light. Because any number is a limit, and perfection doesn’t have limits. Perfect speed, my son, is being there.”
Richard Bach, Jonathan Livingston Seagull
SRAC (Momentus) 2021 Hourly chartSRAC 01.28.
ARKX GAP between 18.06 – 19.05
Support: 20$
Price target short: 33$ (Chart R3)
New CEO
Merge in Q1
Travelling on a SpaceX rocket. ;)
Long Bullish SPCE - Fundamentally, I'm bullish (long position) on this.
With the mothership flight test success, and the hope of spaceplane future flight test
could be a baby step heading in the right direction.
Additionally, the recent SpaceX news could also pump all the space industry.
However, TA is showing an island reversal at $29.2 areas (potential for gap fills).
Over 34.8 for a call tg1 36 tg2 37.5 (daytrade)
Sell loss -20%
UFO ETF -space stock rally on ARK X newsSpace ETF (UFO):
The UFO is a space-related stocks ETF, it is traded 1.2% down yearly.
3 Month Avg Volume 38.1k
1 Month Avg Volume 78.1k (2X)
Biggest holdings:
(Name / % ETF position size)
1. IRDM 5.95%
2. ORBC 5.66%
3. MAXR 5.30
4. TRMB 5.29%
5. LORL 5.02%
If we break the rally into the Eliot impulse wave we can see :
1 Stage:
The first rally started on Nov 2nd after it bottomed down to 21.10$ and went up 9.6% to 23.13. which tells us the space stocks started rallying before the ARK X official announcement and is probably related to Cathie Wood mentioning it in a previous interview and also smart money getting in first on the move.
2nd Stage:
Went up 11.5% (25.84$) in mid-Nov to mid-Dec, in a 3rd wave in the impulse wave (3rd waves tend to be the longest ones), followed by a fourth wave -correction wave that tends to be the stronger one of the two(2,4), price traded lower (24.87$).
3rd Stage:
Price rose 5.8% (27.40$), News of ARK X the space ETF came out.
TOTAL MOVE is 30% in about 2 months
The ETF has finished its first impulse wave and we will see more upside in the upcoming months a lot of it because of ARK’s announcement and the simplest way to enjoy the space stock rally would be to hold this ETF until ARKX is public and tradeable.
SPCE - Time for the next big move!First of all let me start out by saying that I believe that Virgin Galactic is an amazing long-term investment company, it is first of it's kind and it is start a completely new industry of space travel. Short-term things are at a key descision point. We are moving on the 1 hour chart inside a small channel, that we are most likely going to hit it's resistance and from there on we will either bounce back to the bottom of the channel which will result to drop to around 20$ . 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.
SPCE VirginHello receive a cordial greeting, and a thriving 2021 our wishes are that 2021 will be a fantastic year in all aspects for all people.
We believe that this action has a great bullish journey based on Technical and Fundamental Analysis. But this is not financial advice
We have as resistors the key levels of 31, to consolidate it, 35 and 37.
and as resistors the levels of 17, 15 and 12. Also on the chart there is a blue circle, it represents a GAP, this is :
Gaps are areas on a chart where the price of a stock (or another financial instrument) moves sharply up or down, with little or no trading in between. As a result, the asset's chart shows a gap in the normal price pattern. The enterprising trader can interpret and exploit these gaps for profit.
Greetings and best wishes for 2021 L.E.D
In Spain as of 12/31/2020
MAXAR about to give backMAXAR is one of my fav stocks, but today I've decided to enter a put position for January at the $20 mark. Will it get that far? Probably not, but there is strong evidence to show its cooling off creating a massive head and shoulders as you can see in the graph. This could make some nice solid gains in the short term. Theres nothing else to really to say besides arkq dumped a large spce position, so space stocks may need time to cool off.
DOGECOIN 387x potential & dollar parityDogecoin (DOGE) is projected to move 387x in price and achieve dollar parity by March.
The events that will launch the price action are that Elon Musk will announce (he does not know it himself yet) on November 3rd right as elections are finishing that he will instate DOGE as main currency on his Mars colony, because of the election outcome the earth will be scorched and a escape to for entire humanity is inevitable and necessary for the survival of the mankind. Everyone will be looking to get to Mars.
All seats on space ships from the moment on will be only purchasable with DOGE at which point the entire humanity looking to escape earth will start accumulating DOGE with 1kg on the spaceship costing 1000 DOGE.
Increase your profits with 125x leverage at Binance, an exchange proudly ignoring most financial laws and regulations in most jurisdictions, by so being able to give you tools for instant riches such as 125x Leverage.
Trading involves risk. This is not investment advice.
Financial holdings disclaimer: ALL IN ON DOGE COIN HODLING UNTIL MOON and MARS!!!
Tesla will join the SP500 S&P Global announced that Tesla will join the SP500 on Monday December 21st.
Tesla will become the largest company in history when included in the SP500 index. Its quotes soared 14% on news of inclusion in the index. The share of Tesla with a market capitalization of $ 385 billion in the total capitalization of the entire index (about $ 28 trillion) will exceed 1.3%. This event will entail an automatic inflow of investor funds in the amount of about $ 51 billion.
Inclusion in the S&P 500 is in line with Wall Street's expectations for Tesla's first full calendar year of profits in 2020. The company posted profits in the first three quarters of the year, despite a pandemic in which local authorities in California ordered the temporary closure of Tesla's only US car factory. The company posted a record $ 331 million in third-quarter profit driven by production at its Shanghai plant, where Tesla benefits from cheaper labor and strong demand for its more affordable Model 3.
In the third quarter, Tesla was backed by $ 397 million in loans, helping it reach profitability. The company aims to ultimately produce 20 million electric vehicles a year and become the world's largest automaker. Tesla delivered a record nearly 140,000 vehicles in the third quarter and is on track to meet its goal of 500,000 vehicle shipments per year.
TSLA moves in an uptrend channel . Today it has broken the resistance line of symmetrical triangle. Price encountered the resistance level of $460. The next markable target for bulls will be near $600.
Best regards EXCAVO
SPCE Life is probably better in Space...The wealthy Might need to go to space to make up for all the traveling they missed can't see this doing bad even in a economic downturn the rich have even more money now then before Covid. Like The Cup and Hope for A consolidation Reset to Form handle Then Break with Enough Power to get Through the Resistance on volume.. Depth of cup is about 7.50 so look for a move up to the 30's