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VIRGIN GALACTIC HLDGS INCVIRGIN GALACTIC HLDGS INCVIRGIN GALACTIC HLDGS INC

VIRGIN GALACTIC HLDGS INC

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SPCE trade ideas

Virgin Galactic SPCE Long 60%+Long idea for SPCE. I identify a double bottom pattern on the daily chart, that may be doing a retest on the neckline (red rectangle area), which happens to be the 0.618 retracement and also a weekly support at around 23 USD. If the retest is successful we may be looking for a 60% upside on this trade in the long term. Invalidation of this idea, is if it does not hold weekly support. Virgin Galactic recently had a test flight, and the mission was to get VSS Unity to the space, unfortunately the objective of the mission was not achieved, but the spaceships and crew flown back and landed successfully on the spaceport without any problems, but that caused the recently price drop. If the following test is successful SPCE will soar. Please let me know what you think on the comments below. Happy new year everybody!
NYSE:SPCELong
by sirfreakthemighty
2
Bearish SPCE Chart Bearish SPCE as much as i am bullish on the chart i will never learn from my mistakes same exact set up BABA had that fooled me once but not again, Bearish trend-line that isn't close to breaking at all looking like a descending triangle as well, last 2 week of DEC i also saw these smaller companies get less flow into them as tech, it might be because low volume or my little theory on more money flowing into tech as we been seeing them make a move, higher risk but i see no reason to be bullish again until a launch of some sort (catalyst) not ultimate as i am not confident as this one as the others
NYSE:SPCEShort
by Raulf-m
[SPCE] Touchdown SOON Before Next LAUNCH!Unloading half my stake over 4 trades at average 33 worked out quite well with Price Action completing the expected mean reversion. I have expanded the original Value Channel (magenta) by 3x now because Price Action is holding to the uptrend very strong and I do anticipate that to continue for years. Any BUY in the Value Channel likely to be good for a solid intra-year swing trade. I'm very tempted to start scaling back in and will if I see signs of a trend reversal here but for now especially within the overall market conditions for the next couple weeks, I'm expecting a strong chance we can load up in the Value Channel again. Will preferably start scaling back in on a green line X and each subsequent line X after that with a capstone bet as the trend reverses or before a big event.
NYSE:SPCELong
by ProfitHarvest
2
SPCE VirginHello receive a cordial greeting, and a thriving 2021 our wishes are that 2021 will be a fantastic year in all aspects for all people. We believe that this action has a great bullish journey based on Technical and Fundamental Analysis. But this is not financial advice We have as resistors the key levels of 31, to consolidate it, 35 and 37. and as resistors the levels of 17, 15 and 12. Also on the chart there is a blue circle, it represents a GAP, this is : Gaps are areas on a chart where the price of a stock (or another financial instrument) moves sharply up or down, with little or no trading in between. As a result, the asset's chart shows a gap in the normal price pattern. The enterprising trader can interpret and exploit these gaps for profit. Greetings and best wishes for 2021 L.E.D In Spain as of 12/31/2020
NYSE:SPCELong
by wallstreetstocks
2
SPCE update Spce has a little more to drop looking for a bounce at 22.68 was to focused on my minor count in my previous charts, under 21.35 I would cut short term options but good area to add long term shares. Spce is a great company and has potential to run over ATH but this is al on speculation next space launch date is announced early next year. Keep in mind this could really mean we wont get a launch till mid or late 2021. But If history repeats we will run. Take a look at the last time Spce was at 20 and announced launch date
NYSE:SPCELong
by jUiCE_Trades