SPCE Broke out of falling wedge SPCE broke out of falling wedge but expect more moves to the upside as suggested by MACD indicator with fast lane and slow lane hovering above 0.
For a good entry, wait for the RSI to reset below 30. I'm expecting an upwards continuation for this week. Set stop loss at upper descending trendline.
SPCE
SPCE monthly/weekly/daily/hourly demand zone 15.55-14 SPCE monthly/weekly/daily/hourly demand zone 15.55-14
cmp: 17.99 17aug2020 Already inside monthly demand zone, above weekly demand zone
Pro:
1. nice setup with 2 exciting leg out with once basing at weekly candles(location)
2. Monthly/weehly/hourly co inciding
con:
1. no daily or hourly exiting level
Long SPCEHello folks!
SPCE has made a great retracement and now we're ready for a new wave up. $17 per share is a great target for acumulation and I don't think we'll see any price below (maybe a couple hours spike around max. $16, but nothing sure so DO NOT MISS IT for $1 difference). Keep in touch! Stay safe!
THIS IS NOT FINANCIAL ADVICE!
*ALWAYS DO YOUR OWN RESEARCH
**INVEST ONLY WHAT YOU CAN AFFORD TO LOSE
Last but not least, DO NOT FORGET to diversify your portofolio!
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OZSC.... buy