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VIRGIN GALACTIC HOLDINGSVIRGIN GALACTIC HOLDINGSVIRGIN GALACTIC HOLDINGS

VIRGIN GALACTIC HOLDINGS

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1SPCE trade ideas

BofA Securities Upgrade to buyPCE shares trending higher on monday after BofA Securities upgraded to buy and target price at $35. Analysts at Susquehanna gave a ‘positive’ rating, with a US$20 share price target. In the past Virgin Galactic also been rated ‘buy’, or the equivalent, by banks including Morgan Stanley, Credit Suisse, UBS and Cowen. 2 strong reasons Virgin Galactic share price will explode in the future: -BIG latent demand for space tourism in the future. -Innovator of space technology with a truly unique offering. - Long-distance commercial aviation routes: Virgin Galactic is planning to join a new era of commercial supersonic aircraft from 2023.
NYSE:SPCELong
by AlenCiken
SPCE Virgin Galactic Holdings supports & resistancesSPCE - Positive news from Susquehanna & Bank of America analysts with a target of $20-$35 a share sent SPCE sky rocketing +25% today 9/28. I’m sharing my Virgin Galactic Holdings, supports & resistances chart that I already had saved for a few months now. A word of advice, from experience with SPCE, if you’re long shares get a protective Put or set a double digit trailing stop loss %. And if you’re playing options, don’t go naked whether you’re bullish or bearish, hedge put & call contract ratios, expiration dates, strike prices, etc, to fit your forecast. This can be a very rewarding trade this week, but it doesn’t come without significant risk...
NYSE:SPCE
by Options360