SPCE trade ideas
$SPCE - VIRGIN GALACTIC // LONGBig Picture: bounced nicely around .786 FIB. This should act as key support.
Short/Mid term: bounced also nicely around .786 FIB; IMO with a good PR (flight), SPCE might be able to break the resistance line and see 26 & 32; potentially triggering a short squeeze pushing this to ATH.
Potential dip before/after earning call.
If a flight incident happens this will be worthless.
Stop-loss and targets are given in the chart.
Higher lows on daily so trend still in tackOver 24.37 would a nice higher high and should help with higher prices. A close over 25.78 would be ideal
Healthy drop, headed back to 23.77 resistance Buyers are here, heading up and holding above the 1 hr moving averages
$SPCE potential major upside 1hr cup and handle successfully broke out allowing this to make the run on the daily for major trend line. if that gets broken its time for this to shoot into space! just watch this.
SPCE - keep an eye on this one to continue up monday 11/16/2020INTU closed the day Friday just above Thursday's high. Technically this means we should remain in pursuit of my upper target. Will be keeping an eye on this one tomorrow.
#INTU $INTU
SPCE forming cup & handle : target $25.50 : trade 21/23 strangleIt looks like SPCE is forming a cup & handle pattern. My target is $25.50 by 11/20, but because SPCE can be volatile, I entered a strategic risk : reward trade $21/23strangle11/20 contracts at 3:15pm. Do your own due diligence, your risk is 100% your responsibility. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
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IS $SPCE READY TO LAUNCH?? FULL BREAKDOWNHit the like button and subscribe for more videos! Shoot me a request and ill try and get to it ASAP! $SPCE
ABC BullishVery close to T1
Support noted at 18.25ish
Possible stop below C or under 17
No rising wedges in tthe yearly chart
Short interest is very high so there is a gambit of folks betting this will go down.
But when is the question?
Targets 2 are long term targets and it is often better to focus on T1
Just an observation and I do not own this stock
Breaking new heights Playing off the moving averages and looking great on the macd, not oversold, not overbought. With the flight coming up it has the ceiling to grow. So much potential
SPCE - inside daily candle - 11/12/2020set you alerts at today's high/low. if it breaks with volume , expect it to continue on the my targets on that side of the break.
#SPCE $SPCE
