SPCE trade ideas
SPCE is going to test 15$ zone again :(We tried 18.5 zone 2 time, but failed. I don't want to be right this time, cause i am long but
looks like we a are heading to 15-15.5 zone again and going to test it.
Bears are in the market.
[SPCE/SPX] Relative Market Value: Exploring the Stock UNIVERSE!TView makes this kind of thing super easy and the results are astounding.
Under the green upchannel is great value and Price is unlikely to close under the red line on the 1W.
Happy harvesting! B)
[SPCE] Launching to the MOON: Follow the Dashed GREEN Road!Mostly cosmetic updates for funzies and some bigger picture on this for you all.
Never gonna close below $10.50 on the 1W again.
Under white dotted line Price is likely to bounce back quickly... fantastic value.
Magenta is the current Value Zone.
There is what looks to be a decent fractal from the end of 2019 that may be playing out here at about 4x the scale. If that does come true, it would mean we drop down to the red line soon for a few weeks before we skyrocket again. That would align with an ensuing market crash and earnings FOMO blast off.
Lets see if it plays out! B)
$SPCE ; easy decision here, bouncing off support (Target 22-24)SPCE is bound for orbit, test flight will catalyst this thing propelled by the short float % which is 25-60% im seeing varying per site...but regardless even at the lostest 25% short float...thats enough to squeeze to the moon. It was about to rocket off up until last Thurs/Friday slowed it down a bit due to the gravity flux capacitor of the weak hands grounding it back to earth...those dummies...i averaged down, and today i averaged up my calls. Holding 20 Jan 2021 $20 calls. expecting to see 300% returns before I even think about taking partials.
Also post my trading ideas on twitter:
Chasing Tendies @T123Jonny
SPCE ready to go to moon Targets 21/25 stopLoss 14.5Watchout for SPCE to liftoff. Momentum picking up to the upside
Targets $21 and $25 stopLoss $14.5
$19.23 is our target for SPCE! Let's go#SPCE $SPCE $19.23 is the target. Looks like this could be bottoming out. It is heavily shorted so let's see if we can squeeze em. We are ready with our long call options and will accumulate
SPCE: Big Move IncomingChart was created using Elliot Wave in combination with fibonacci targets. Like or comment please!
SPCE: A path to $60+Looking for reversal here, I use Elliot Wave analysis to create my charts, aided by Fibonacci extensions to determine price target areas. Been charting for a while, pretty new to posting them. Please LIKE if you enjoy these and I’ll share more of my work
