Space!!! Such a great long-term investment! should be past $100 in a couple of years. Aiming for $20 short-term. We won’t see these cheap prices for long
SPCE trade ideas
$SPCE Analysis & Key Levels$SPCE Analysis & Key Levels
I have WAY too many positions to be able to update on … So I’m just going to start posting the most recent support and key levels and my personal directional assumption… Do with it what you wish…
I am not your financial advisor, but I will happily answer questions to the best of my ability but ultimately the risk is on you.
Red = Key levels
Green = resistance
Blue = trendlines
Have fun, y’all!!
Virgin Galactic: How things are lookingfrom a technical scale this looks like a falling wedge that if broken to the downside could reach critical support level of $15 and creates a demand zone for those looking to getting cheap option calls on the derivatives market. There is also the possibility of this breaking out of the wedge and finding its way into a new supply zone of traders or market makers.
at any rate i will be buying more calls on the way down if the opportunity arises
SPCE: Gap fill alert to the downsideSPCE: Gap fill alert to the downside. Continuation from yesterday's selling pressure.
SPACE - $SPCE Ready For TakeoffGoing with an aggressive approach on this one, but $SPCE looks ready for liftoff at the moment. Currently have the stoploss set at 10%, but if we drop 5% from the current levels we're looking at picking up more. Looking for a +50% on this on this one if we can break through $30 level. We've been stacking between the $23-$27 range. Going with pure TA on this one and haven't really focused on any fundamentals at the moment. If we can break a 15-20% return we'll adjust our stoploss to secure profits.
Cheers!
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SPCE - 4H :: W Format This space travel company builds advanced air and space vehicles and aims to provide spaceflight services for private individuals and researchers. Much like the rocket that took Virgin Galactic's founder Richard Branson to the edge of space, the company's stock shot higher in July but has since come down. Shares trade for around $31 per share, well off their July peak of more than $50. As exciting as its rocket planes are, consider that the company has no revenue and is operating at a loss. That's often the case with many young companies and isn't necessarily a bad thing, and the company narrowed its loss substantially in the first quarter. But investors do have to balance the excitement of a story stock with the likelihood of it eventually earning money. Still, if the stock can reach $52 on a relatively early stage flight, there could be potentially significant upside if the company's plans really do take off, making it one of the top space stocks in the market.
TP1 - $38
TP2 - $62
$SPCE news$SPCE partnership with commercial research mission. Engulfing candle. Initiated a position
SPACE, gapsAfter the clear sell the news event, it dropped down and still has 2 gaps lingering to get filled overtime.e
SPCE going to space?Massive daily falling wedge on SPCE,
$27.50 is a strong resistance, a close above that level could trigger a move higher towards $30 which is another strong resistance and pivot price.
Above $30 we have $35.50 > $38.80 and $41.80
SPCE: When is the break out?Here we have a trading channel and two outer boundaries that act as support and resistance. Currently we are within our channel, and just above a support line. If it breaks, we should see 16.5 and if it bounce as shown in the chart, we will see 72 in September.
Space Will space close a Ive 27$ resiatnce today?!? Been long this since 24. Let’s see if this whole idea will come true. Been saying it’s a buy buy buy. Now we have to see if it has the power to break through and hold !!
8/30 SPCEquit update on SPCE
it broke out the downtrend on Friday, if momentum enters next week, may consider a swing option play
Spce23.96 entry 23.75 stoploss. Could be worth an entry here if we double bottom on this support. Just an idea… will be setting buy orders. However losing 23.96 could turn out pretty badly
UPTREND PACE FOR SPCEI'm expecting SPCE going to continue its uptrend pace as its already touching its supports at 24.50.
SPCE wait 15 and long up to 44 SPCE is not overbought enough yet for long, but the volumes have already fallen very much.
I am waiting for a strong fall to buy for three or four months.
I want to believe that it will be so.
SPCE- update virgin galacticseems like we are seeing higher lows forming, i have accumulated calls from previous resistance which was $32. I believe this resistance will soon turn into support seeing that CEO and other executives have cashed out. This brings a good buying opportunity for those who are playing option calls. As im sure people are happy to pick up cheap contracts.
Indicators looking positiveCould this be the support and the opportunity to break the downfall? Otherwise it's down to 17. Indicators on the daily looking opportunistic. Will wait and see.
In any case, lots of opportunity long-term for this company.
Not advice... Share your thoughts!
$SPCE With short covering to $35 , closing the gap also #virginSPCE’s revenues increased 139.9% year-over-year to $0.57 million in the six months ended June 30. Its gross profit grew 681.5% from its year-ago value to $0.51 million. Its cash and cash equivalents rose 51.3% year-over-year to $564.66 million.
Analysts expect SPCE’s revenues to increase 831.8% year-over-year to $2.22 million in the fiscal period ending December 31, 2021. In addition, the company’s revenue and EPS are expected to increase 790% and 35%, respectively, in the following year, versus the current year. Over the past year, SPCE has gained 38.3% in price to close yesterday’s trading session at $24.25.
Among 11 Wall Street analysts that rated SPCE, three rated it Buy while six rated it Hold and two rated it Sell. The $38.44 median price target indicates a 58.5% potential upside from its last closing price. The 12-month price targets range from a low of $25.00 to a high of $51.00.
TrendyTrades: SPCE Going Up!SPCE is back in a Supply Turned Demand and closing nicely above fib level. Always looks for some sort of confirmation when taking these trade ideas.
SPCE Potential Fill Gap then Bounce?SPCE short term trade
It could be filled a gap of around $21.6
Soft target $35 (around 60% gain) in short term
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This is not financial advice. I'm not a Financial Advisor.
Trading is a high risk, do your own DD.
Let me know what you think
Cheers, I would share all my thought next time.
PEACE.
Where this crazy rabbit will jump next?Spce bounced from 100 ema on 5 year chart. If it will drop, the nereast support zone is 0.786 fibonacci level (18.86$).
