SPCE
[SPCE] Lookin a Lot Like a SpaceX ROCKET Right Now!Aaaaaaaand that ladies and gentlemen is why you exit FOMO stocks at the top, I shed 50% in total averaging ~$33 over 4 cashouts.
If this touches down on green and especially dotted line, you can bet I'll be loadin up again B).
OG Idea:
More OG Idea:
SPCE Virgin Galactic Ready For Selloff? This is when i told you about the Buying opportunity of Virgin Galactic stocks, at 21 usd:
Test flight failed to reach outer space!
The company said that during a test flight launched on Dec. 12, the rocket motor “did not fire due to the ignition sequence not completing,” keeping the flight from reaching space. (marketwatch.com)
The indicators gave a sell signal on Friday.
f you are interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
[SPCE] Fractal Theory is Incredible... Don't Believe? See THIS!Just updated the purple downchannel as a fractaled iteration of my first one and sure enough it aligns exactly, both at the mid point and the top.
I closed 1/3rd my position for >100% ROI, will rebuy more than I sold when it gets lower.
See the OG idea that called this peak exactly on the mufckin money...
SPCE is a Goldmine in 2021 www.virgingalactic.com
Dec 11th is a major deal! This is the 1st of two test flights until they "Have a go!" and send real passengers into space. The list is long with a lot of Billionaires :) at I think $250K a head WOW!
"Before passengers climb aboard the suborbital space plane SpaceShipTwo, the space tourism firm will send at least two powered test spaceflights aloft from New Mexico's Spaceport America, where the company moved earlier this year."
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.
SPCE: ALL SUPPORTS AND RESISTANCESNYSE:SPCE
Here is the chart showing all Fibonacci levels .
What now?
Three different scenarios:
-1. consolidation at the current level, and bullish continuation to 40 in a few days.
-2. Immediate bullish continuation.
-3. We pull back to retest the orange line.
From a technical point of view, my opinion is that we will retest the orange line before going higher.
From a fundamental perspective, December is a bullish month for stocks and SPCE could announce the date of its test flight very soon, which would send the stock to the moon.
What's your favorite scenario?
Buy The Dip - SPCE Delayed flight due to "Covid" presents another buying opportunity for SPCE, one of my favorite tickers to swing. I'm looking at another entry around 19.5 - 19.3 and should it break down past that, I'd look to buy more in the $17 range.
Currently no position but keeping cash on the sidelines for this and a few other plays in the near term.
With the positive news regarding vaccines - I'm just waiting for Covid Cases to subside slightly (may not happen soon) to give me a little more confidence NM pulls back on some of the restrictions.
Have a feeling we are going to see a dip / trade sideways for a little but the intrinsic value I believe SPCE holds is something that shouldn't go unnoticed.
GLTA
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