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Virgin

SPCE Virgin Galactic 🚀🚀🚀🚀 I”m Long Here 17.45 here we come I know most people are short here But when the long term Trendline held at 14.78 that was enough for me to long If you followed the price action over Wednesday to Thursday’s action it was trading at such a tight range and the bears we’re unable to pull the price lower. I’m expecting news from virgin orbit launch and keeping a tight eye on Tuesday’s open. The news of Branson selling stock is over and behind us, I think investors will start to jump in here for a long up to 17-18. I expect some choppy play, but this looks bullish to me on daily Bullish Long term trend line Lower end of channel up Heavy tight consolidation News coming for virgin orbit Bearish Trend down still in tact, I expect a test of 17.34-18.05 That’s the do or die line for me Let’s see what happens
NYSE:SPCELong
by word1313
1
SPCE 4 Hour Chart AnalysisIt seems as though when it comes to the MACD 4 Hour and SPCE SPCE seems to respect the first bull candle created in the MACD quite well Looking at previous bull runs for this stock, it seems to rise exponentially higher when the MACD 4 Hour bull candle is created Looking at the 4 Hour MACD right now it seems like we might create another bullish MACD candle on the 4 hour chart very very soon but first we might see a drop down to $12, as you can see on the hour chart it crossed resistance and bounce back but it crossed it might retest the $12 levels depending on where the market sentiment is, but the more important thing to look at is the creation of a green MACD cande that is the prime indicator for SPCE's direction and like i said a couple sentences back, its looking like its going to create another one soon and when it does, it, on average goes up anywhere between $7-$10/share the first bull run we saw an increase of about 100% or $20 when it ran up from $19 to $40 with the market being where its at now, i can easily see a run up of minimum $5-$7 after the green candle on the MACD is created there is also the sentiment that we are in a full out bull run, which, in case, we might even see a full run back to the $40 and possibly a break of those ATHs
NYSE:SPCELong
by mandujanotony31
Virgin Galatic long or shortVirgin Galatic has been making its name recently, yet should you be buying or selling? The honest answer nobody knows, yet we can try to get pretty dam close to where its gonna go. Almost everyone knows that this company is gonna be losing money in the short term and mid long term, yet is priced in? I say it's not and its EPS will be corolated with the SP500 with the ETF UFO being connected to SPCE price movement till the reevaluate their portfolio. For a discloser I sold my SPCE at 27.80 after buying at 11.30, yet I been playing it has a caution from being from the Crypto markets. I'm not saying I'm a bear cause I sold early, but I just want to see confirmation and strength in the graph before reentering with its atl being the $7 range I would go short with it 19.06 being a last resort hold for the bulls and 25.25 being just above a 60% correction in the micro bubble of SPCE. I put 27.99 give or take as we may have a bounce unless we blow through it. The MACD is bearish with the RSI neutrual, which could have a short squeeze yet looks very dependent on what the EPS is gonna say. A trading range of 38.72 has the high, yet the low hasn't been fully formed just yet but could say at current price could be the bottom of the current trading range, yet the volume has been rougly 100million shares traded daily. I would be short with no option call just shave off profits and WSB is already moving on from SPCE, yet shouldn't really take financial advise from them since with the amount of traders there could only move the market all together is .01% thats if everyone got behind a stock.
NYSE:SPCEShort
by nathanielx9
1
Virgin Airlines: Up or down?Virgin Airlines was a growth stock turned sour. Even with fuel hedging and increase in revenue the market still does not approve VA and hence cause it's decline since it's high at december. Technical: Based on the chart, there are 2 anomalies that one should take note when trading this. 1) Between $30(green line) and $26.42 (blue horizontal line), the price has found support. This is a crucial zone and it is absolutely crucial that you do not enter the trade unless you are very very sure of the fundamentals else you will be catching a falling knife. This is known as the accumulation/distribution phase where thousands of shares are being exchanged with no prior direction. It is also where liquidity is highest and many "big boys" are either unloading or loading up stock. Do check insider transactions for more info 2) The descending triangle is marked by the same support level and a decreasing resistance. Based on bulkowski's formula that sets price target based on probability. I have marked where the predicted price would go. Fundamentals: Simplywall.st did DCF calculations and found it's fair value at around $14. This is close to Bulkowski's formula's prediction. VA is overvalued based on cash flow studies. However based on traditional ratio metrics VA is undervalued. P/E stands at 6.52. PEG stands at 0.26. P/S stands at 0.81 and EV/EBITDA stands at 4.67. They do have quite a bit of debt but their cash flow could easily pay it off. Story: Investors believe oil and the Zika virus would affect sales of this stock heavily and hence they are bearish about it. Would I go long? Yes! Once the price exited the $30 zone. Would I go Short? Also yes!. Only of the price drops below $26.42! Would I do anything now? No! I'm not catching a falling knife. Market is ??? about this stock. So trade after breakouts.
V
by soldierducky