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%
4SPCE trade ideas
SPCE i used to like this company, not any moreA year ago this company didn't have any debt and the operating expenses weren't growing so rapidly. Now the inflation rears its ugly head and everything cost more and more quarter after quarter. Now their total debt is equal to half their cash reserves. How long can that last? Few quarters? I am not a believer that this one is going to survive until revenue anymore. The delta ships best case come in 2026. This is 3 years away. Whit this cash burn and these expenses growing so fast its less then a coin toss that SPCE will make it. BTW i got in at 10 and exited at 8 realizing all of this. Not to mention that insiders are still giving themselves stock grants and selling their free shares.
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.
SPCEThere are bullish divergences forming on RSI and MFI and a bounce looks to be coming.
Prediction: we will see it start trending up.
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
SPCEThe stock is at its lowest monthly level and is close to the bottom. I see that it is in areas of buying in installments, and good luck for all
SPCE i rechecked my valuation model with the new dataOn the surface the quarterly report seems bad. More expenses, dilution of the stock and flight delays. But as always you need to think a little bit deeper then what the day traders are thinking. Sure i think that short term the stock price will go down. To 6 bucks, 5, 4 i dont know and i dont care. After tweaking my valuation model with the new information, the fair value of the company still comes up to 50 bucks. It is so undervalued that these minor changes in math dont matter. The risk with this company is and has always been bankruptcy way down the line "currently they have cash for more then 3 years with current operating expenses" and the other risk is if a ship full of clients blows up and they die. But when they build their first 6 delta ships that do their flights regularly, VG will be generating 777 600 000$ of revenue per year. At that point the risk of bankruptcy virtually goes away. And after that its all scaling and thinking about new ways to generate revenue. I always like to compare this company to Boeing which currently sits at over 90 bill of market cap vs VGs 2 bill market cap. Believe me with these kinds of prospects if the company survives the bear market and gets to scaling, wall street will not be valuing VG at fair price. The market cap will be 2, 3 x fair value which could mean hundreds of dollars of share price. People as always are thinking like day traders and can not see far enough with this kind of a company. Yes there is risk, but the risk/ reward is insane. If you want to do your risk less 10% per year go buy google or something.
Bullish Divergence on the RSI found for Virgin Galactic!Divergences form a staple of a trader or investors arsenal and here we can clearly see that on SPCE we have lower low price action forming while higher lows are observed on the RSI signifying a potential bullish reversal. Makes sense in terms of fundamentals too since you can't scroll instagram without seeing an ad for Virgin Galactic. Come on Rich! Haven't heard much on the news about you, it's all Elon and Bezos but nothing about good ol Buddy Branson! Show us what you got mate!
SPCE some drawings on a chartOur first immediate target is the gap at 12 bucks. Form there we are probably going to dip sub 10 again so everybody can say this is a useless company again and t words the end of the year break to 20 bucks. From there depending if the flights are actually going to happen we are either going to have a huge pump or huge dump. Easy 40 dollars next year if the flights actually start happening.
SPCE great potential for the next 10 monthsThis stock is one of the most volatile stocks on the US market. With the recent developments and the upcoming test flights its very realistic to anticipate a pump between 20 and 30 bucks this year. Im choosing 20 and 30 just because we have 2 unfilled gaps on the daily chart there. You have to be very careful with the price you pay with a stock like that because as we've seen it can fall 90% when the market turns pessimistic. I think sub 10 bucks is not a bad entry price for this potential.
SPCE get on the VG train The risk/ reward profile of this company is mind blowing. The company is trying to capture a new market in an industry that is very difficult to create competition in. If they manage to scale this business it could turn out to be a monopoly and open a door for all kinds of new ways to make money. The only thing is that it is risky and it will take a lot of time, aka a ship full of clients could blow up and the stock could flash crash, but i think you always have to be optimistic in the stock market. The naysayers might make their 50% in shorting the stock, but they will never do the 100x on the upside. So if you have some money to spare for the next 10 years and are a glass half full type of guy this is a great investment. I have my 1000 shares accumulated in at a price that i would never believed 6 months ago that the market would give me and now i will look at this one at every quarterly report to see the progress made.
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 - stratosphere maybeThis little piggy wants up , stoch cross and close above 8 ema on D1
everything looks good tbh
always a Silver lining of bear markets assuming you've still got gun powder to deploy
a 10% move for corn at 70K WAS 7K
now its 1900
flip side if you're leveraged and think you've caught the bottom just be prepped for a further 50% downside for the final capitulation wick
tried catching bottom's not worth the stress though exciting AF sort of a catch 22 so manage your risk wisely folks !!
Virgin GalacticThursday, 2 July 2022
06:47 AM (WIB)
Virgin Galactic needs attention on Monday morning.
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.
Strong Downtrend for Virgin GalacticAnalysis of the Price Action indicates a strong downtrend for SPCE.
My mid term target is 3.6 from its current price of above 6. It has established a new ceiling as indicated in the analysis.
Currently I will take a short position on SPCE.
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