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SPCE trade ideas

SPCE Virgin Galactic Broken down 7 different ways no indicators You don't need fancy indicators, algos, AI, Bobs approval from down the street, or even that one kid who made 100k and lost it all on WKHS meme stocks, (because he doesn't know how to trade) to tell you what's going on. You don't need news or to find a lucky penny, you can even let the rabbits keep their feet. I broke this down into 7 different ways you can look at this chart. I am not even using the indicatiors I have on there. 1-3 is a break down of trend lines and how price follows breaks and comes back to an area to give you Three ways you can find a way into this stock. (3. being the safest place to enter any trade) 4. Is using an old trend line and identifying exactly where we are today on that trend and what was the result. Does it respect the Trendline? Does it ignore it? 5. Is taking price actions new angle being formed after it has come back down to its old trendline. Drawing a upward trendline to predict the high on any given day and what to anticipate from it moving forward. 6-7. is a break down of Wyckoff methodology accompanied with the Curves Stages (My own personal brain child) paired together to give a reference as to where Institutional buying is present. Also take note that this is done a Daily Chart which will result in better movements into the directions you are wanting to follow this into. You can do this on a 15 min chart but it will result in smaller moves.
NYSE:SPCELong
by iCantw84it
$SPCE Buy the dip opportunity$SPCE has formed a head and shoulders pattern which is a bearish sign. The stock has been declining since mid February and formed a head and shoulder pattern and confirmed downward breakout during mid April dropping below the neckline price of $24 per share. The stock has declined more than 37% during the last 30 day period and is trading around strong resistance line and 52 week lows. Average decline in head and shoulder pattern is 20-25% and average change after the trend ends is around 50%. I think this is a good buy the dip opportunity! I entered the trade at $14.25 (pre market). My price target is $24.5 during next 45-60 days, can set a stop loss around $13. This is a good risk reward opportunity! Good luck and trade smart! (not a financial advice)
NYSE:SPCELong
by faridisayev
3
Added $SPCE Target 39.80 for 37.08% $SPCE Target 39.80 for 37.08% Or next add level is at 14.65 Added at 14.22... This market is kicking my ass, y'all. Looks like every time frame is looking to be run down before we reverse. I'm sticking to the strategy in the mean time... it has never failed me... GL — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NYSE:SPCELong
by SPYder_QQQueen_Trading
6