VIRGIN GALACTIC ready for launch
Hi viewers, SPCE long time bearish trend, here now strong bullish progress technically watched in next periods to expect
TP1:6
TP2:7
TP3:8
SPCE
02/01 - SPCE bullish -
Reason to buy :
1. Accumulation in the $5 - $6 area, it's been accumulating from $3.
2. Retracement stopped at the .38 level, which is still uptrend.
3. 200 SMA acted as a resistance on 01/27, but people accumulated more @ $5.40 - 5.50 area
Reason to sell :
1. SL $5.30, it's a reasonable and tight stop but RR is good with this setup.
*NOTE*
**I see a small RSI divergence in the chart. I would sell if T1 and R1 act as another resistance.
Can this company prove itself?Technical
Major support at $4.10 (S1)
Major resistance at $5.25 (R1)
Support at S2 would signal a reversal (Maybe short term (1-2 weeks))
Fundamental
VSS Imagine not ready, maybe 2023 (2 flights per month)
VSS Unity ready to fly (1 flight per month), VMS Eve upgrades/maintenance to be completed in 4th quarter.
Test flight early January + glide flight (VSS Unity)
Then spaceflight both Unity and Eve
First commercial service Q2 2023... (Italian Air Force)
If these targets are met, parabolic move possible. ~$20 price target.
Profitability not till Delta class in 2026 (Cadence of 1 flight per week). 4 years, targets met ~$200 price target.
SPCE potential long term targetsSupported by the ongoing Weekly Classic Bullish DIv it might have the strength to hit targets. Tests of the entry points is espected first.
Virgin Galactic, Sir Richard.I reissued the chart and recalculated the quotes into sentiment. Fractal, a series of inputs 1-2, 1-2.
Target 100-1000x, stop at $3 (relative to current monetization/inflation/deflation)
It is necessary to interrupt the top of the 4th wave of the previous formation, put the initial diagonal of the pulses and correction in the form of flat, or a combination.
Follow our channel for updates.
SPCE at the bottom of the channelSPCE depends a lot from the SP500 evolution, we can see below $3 if the SP500 goes to 3000-3500 region. In short term i see a bounce to the 50%
Virgin Galactic Holdings, Inc.Tuesday, 8 November 2022
02:15 AM (WIB)
No matter where each of us stands on this planet we call home, we all look up to the same place.
That’s why we believe space belongs to everyone: the adventurous, the audacious, and the curious.
We go up to look down.
When we witness the majesty and fragility of Earth from space, something inside us shifts.
We believe this transformation will bring countless benefits to life on our beautiful planet.
For more details, check the website.
Virgin GalacticTuesday, 4 October 2022
22:33 PM (WIB)
"No matter where each of us stands on this planet we call home, we all look up to the same place.
That’s why we believe space belongs to everyone: the adventurous, the audacious, and the curious".
For more details about Virgin Galactic, please come visit the website.
Virgin Galactic, SPCE race to the bottomStock is currently at the mean and may test potential new lows in 2022 with little reason to buy on fundamentals before then accept gamble on technicals.
Virgin Galactic business model seems unviable. Old tech. Extremely expensive, with low take up.
Needs significant shake up to make it work.
Branson keeps selling SPCE stock to prop up failing airline business.
Looks like pump and dump.
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Okay, we are gganbu. --- Oh Il-Nam
And Grandfather rose from the ashes.And he said, may the updated Concords come to life and fly around the world in a few hours.
And Grandfather rose from the ashes.And he said, may the updated Concords come to life and fly around the world in a few hours.
SPCE short term BUY 💰SPCE seems bullish in the short term as is signaled by the support and resistance trends
Virgin galactic UpThere is a stock of SPCE on historical lowest prices and interest of big investors into buy orders is almost zero. Most of people are out of market and some of them are in sell positions.
Price started a rotation and everything looks perfect for the next growth.
I personally think it would be start of a new bullmarket into high prices and maybe for the new higher historical price of SPCE probably in 2023 which is not confirmed yet so im taking this 1:1 long trade.
Wish you lot of success!
SPCE - Time for the MoonConvergence and a bullish wedge on the weekly timeframe seem to hint at a reversal. A volume profile at $9 would magnetize price into the rebound of the wedge as well. Higher into the $12-13 area, the price hike could be seen as a positive reversal of the entire market.
Feeling spaced out? Virgin Galactic Holdings
Short Term - We look to Sell at 7.56 (stop at 8.42)
Preferred trade is to sell into rallies. Broken out of the channel formation to the downside. We have a 38.2% Fibonacci pullback level of 7.47 from 11.25 to 5.14. Our overall sentiment remains bearish looking for lower levels. Previous resistance located at 7.50.
Our profit targets will be 5.19 and 4.18
Resistance: 7.50 / 9.00 / 11.00
Support: 5.00 / 4.00 / 3.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
SPCE: Ready to go (down) Virgin Galactic Holdings
Short Term - We look to Sell at 7.33 (stop at 8.19)
Preferred trade is to sell into rallies. Broken out of the channel formation to the downside. Mixed and choppy price action resulted in the early move lower being sustained and prices closing lower. Our overall sentiment remains bearish looking for lower levels.
Our profit targets will be 5.27 and 4.18
Resistance: 7.00 / 9.00 / 11.00
Support: 5.00 / 4.00 / 3.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Virgin Galactic (NYSE: $SPCE) Just $6 Per Share w/ ATH @ $62! 🚀Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc.
SPCE is it ready to fly to the stars?Virgin Galactic has developed an ABC downside corrective pattern. Now it seem to have ended wave 1 and 2 to the upside. Is it ready to fly to the stars? www.youtube.com
Bottom FormingNice entry here in the $7's ,
News coming out recently.
Could see a good bounce, maybe to $15
SPCE - just an ideaI guess its forming a megaphone pattern. I will buy at $6 and hold for long term. good luck to all.
not investment advice!
Long | SPCE NYSE:SPCE
Possible Scenario: Long
Evidence: Price Action, Money Flow, Oversold RSI
TP1: 9.15$
TP2: 10$
Call options Strike 10$, 4th Feb
This is my idea and could be wrong 100%.
