SPCE trade ideas
Pump it then dump itThis is like the ultimate pump and dump stock. Right now i feel it's not a bad time to buy some. If sentiment eventually improves and this stock comes with some good news this can pump again.
i am berish on it ,my entry point 5.5 longrealistic price prediction in the next 4 months for virgin
Space and Moon go hand in hand soonSpace or SPCE is about to his a confluence of support around $9.80, target is $12-$12.50 zone. Long calls at 10.5 expiring next Friday.
spcea very powerful volume is showing up
after a long down trend
it's better to think of buying the market for
next coming days
SPCE ones this company starts generating revenue I cant see the stock staying below 50 bucks. And that is on the low end. If they start scaling a profitable business model this stock can easily go to like 300 bucks. You just have to sit trough the ups and downs and hope they dont run out of money before that. At the moment they have plenty of cash so it is safe to buy. I was really hoping to double my stack below 6 but it looks like it wont happen.
$SPCE Next Target PT 2.70 and higherVirgin Galactic Holdings, Inc., an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States. It also manufactures air and space vehicles. The company's spaceship operations include commercial human spaceflight, flying commercial research, and development payloads into space. In addition, it engages in the design and development, manufacturing, ground and flight testing, and post-flight maintenance of spaceflight vehicles. The company was founded in 2017 is headquartered in Las Cruces, New Mexico.
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Thank you and safe trades to everyone!
SPCE opens commercial ticket salesCustomers can make an initial deposit of $150,000 from a total cost of $450,000 for a 90-minute spaceflight, which includes “several minutes of out-of-seat weightlessness,” the company said.
My price target is the $14 resistance.
Looking forward to read your opinion about it.
Virgin Galactic (NYSE: $SPCE) Ready To Rocket Up The Chart! 🚀Virgin Galactic Holdings, Inc., an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States. It also manufactures air and space vehicles. The company's spaceship operations include commercial human spaceflight, flying commercial research, and development payloads into space. In addition, it engages in the design and development, manufacturing, ground and flight testing, and post-flight maintenance of spaceflight vehicles. The company was founded in 2017 is headquartered in Las Cruces, New Mexico.
SPCE Ready to burst!Watching this descending triangle, its looking ready to break through and break out. Its formed a base as lined out in black. If break out does occur, im looking for targets of $9.00...Second target if its looking strong is $9.77
Virgin Galactic (NYSE: $SPCE) Looking Oversold & Undervalued 🚀Virgin Galactic Holdings, Inc., an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States. It also manufactures air and space vehicles. The company's spaceship operations include commercial human spaceflight, flying commercial research, and development payloads into space. In addition, it engages in the design and development, manufacturing, ground and flight testing, and post-flight maintenance of spaceflight vehicles. The company was founded in 2017 is headquartered in Las Cruces, New Mexico.
SPCE | 2022 | Getting ready for actionSPCE is heading towards it's nearly point ever.
It's the only historical resistance levels available, are 14.50$, 11.50$ and then 10$.
The first one has recently been crossed - 14.50$.
Next level to expect is 11.50$.
If it goes very bad to SPCE, it may reach 10$ or lower.
Expectation is that within several weeks it will touch 11.50$, and bounce back upwards, although we can't know in advance.
So, let's get ready to see the 11.50$ touchdown.
SHORT | SPCENYSE:SPCE
Possible Scenario: SHORT
Evidence: Price Action
Entry Point: 9.70$
PUT Option 21st Jan strike 9$
*This is my idea and could be wrong 100%
Virgin GalacticVirgin Galactic in downtrend since printing the lower high in June.
Strong Support at $14 which may play a support again and long opportunity.
Good luck for everyone.
Sam.
SPCE (Virgin Galactic) Shows a Bull market📈The smoothed moving average, on a weekly range $SPCE (Virgin Galactic Holdings) shows a Bull market .
📊Let me remind you that the transition to a Bear market means the transition of the 48 days moving average for the 72 days and 120 days, a complete reversal.
Personally, I determine the market trend by three smoothed moving averages. Of course, you need to look at all the indicators and the news background at once, but anyway, what is happening.
📌The high-volatility of the Virgin Galactic stock market is associated with the uncertainty of investors and the novelty of the space industry.
However the industry is very promising and you should not pay attention to local events in the long term positions
Virgin Galactic is the company of the future.
The space industry is developing very actively, and I think it will develop very quickly. The speed how the space industry will enter our daily lives can be compared with the development of the Internet in the 90th.
We already now see such trends, from the success of Elon Musk and the high rush of open companies around the world, involved in the space industry.
Virgin Galactic has an exciting future, and the company already has an experience in spaceflight with their founder Richard Branson. Sir Richard billed the flight as a test of the space-tourism experience he expects to begin selling to customers from next year.
Therefore, delays and put-offs of flights are just a technical issue, solving which the shares will go to the moon. Now is a very good time at the start of the industry to add Virgin Galactic to your portfolio.
SPCE - Crash and BurnSPCE may have bounces here and there, but is ultimately going to crash and burn to ~$5.
Weekly RSI has accelerated to the downside
Monthly RSI is forming lower highs and lower lows.
That being said, I'm not shorting here with Weekly RSI about to hit oversold territory.
On the other hand, there are still youtubers calling for this to be a $100+ stock soon, so there's some hopium left
Virgin Galactic.Continuation.Disclaimer/
On average, 90% of all stocks move down with the market, and 75% move up.
The wave principle applies to some extent to individual stocks, but counting the waves for them is often confusing and does not have much practical significance. But since the company has a large capitalization, we assume that the state of the shares depends on the psychology of the masses.
To the Moon ! Not Yet.When there are new technologies never be the first nor the last to enter.
This is the story of a very good company that is way ahead of its time and attracts a lot of investors because of the innovation. However, it's still not a profitable business. The space tourism is in its infancy. Richard Branson is one of the pioneers in this industry, and I'm sure the space travel will be an everyday thing in the future, just not today. Today it's just a momentum stock that doesn't have an objective valuation, its value resides only in what the market wants to believe. This is pretty much like Tesla, in the beginning, a "Cult Stock", that must attract more investors who believe this is the future and be willing to pay a future valuation today.
In the here and now what we have are the following technical metrics:
1. Downtrend . The Madrid Ribbons bluntly show lower lows lower highs right from the 50's to the point where it reached its IPO levels.
2. Momentum . Downward momentum, no reversals, no divergences on sight so far, it's just heading downward with a negative momentum. Negative momentum + Negative trend => Bears are in control.
3. Volume . There are two important volume points, on May 2021 the bullish volume increased after the first rally was over, this means that at the 14 level the bulls stepped in and took this stock from 14's to 50's, with a whooping 250% profit. However, when it was reaching the 40's level the Bears stepped in (sell on strength) and on May 2021 they started a distribution process and posted a sign "Bag holders wanted". So far the volume hasn't been as big as it was back then, it has been at an average of 20M, 1/10 of what it was at the peak when the distribution started. There are no signs of capitulation volume, probably because of its slow motion bleeding and because the bears haven't covered their shorts yet. This stock is becoming a Meme stock candidate.
4. Vectors . The directional vectors point down, and there are no divergences. I have to point out that on the distribution area there was a negative divergence, on July 2021 a tiny dark green peak showed up. This signals the end of the uptrend, which confirms the bearish volume seen at the top. An attempt to regain the control and find a support was made on August 2021, when the directional vector showed a strong solid lime green, unfortunately for the bulls this was just a bull trap and the support at 30's was broken. From that point on only LL-HH and this is where we are at now.
5. It's Lowest Low is at 6.90, if this last support is broken this may turn into a penny stock.
Conclusion . Space travel is the future, just not now, this industry is in its infancy and it has a long way to go until the space tourism becomes affordable and the business can be accessible to be masses.
Be flexible with your expectations, and rigid with your rules. People go broke when they are rigid with their expectations and flexible with their rules.
Virgin Galactic Major Shark SetupMajor shark pattern setting up here month bullish divergence near a critical support range has just been dumping for months now so lots of build up --
Push play! See you at $50-$60 in a few months :)
Spce emergency landing on 1.24 Fibo
from technical point of view, $SPCE crashing may continue and land on 6.90 as historic low and it may squeeze to 4 as technical target, the volatility average 5-8% per day.
after going to space Virgin Galactic has come back down to earthAfter going to space Virgin Galactic has come back down to earth, both literally and figuratively speaking for it's share price action. On July 11, 2021, Virgin Galactic successfully completed it's first fully crewed spaceflight. On August 2021, it opened sales to the Spacefarer community. The Company announced a target of 1,000 reservations prior to the launch of private astronaut commercial service. Approximately 700 of these 1,000 have been sold to date. On October 14, 2021, it announced the beginning of planned vehicle enhancement period, aka no immediate term revenue. Virgin Galactic (SPCE) earnings are on 1/7 at 4:05pm. I'm not expecting SPCE to go to the moon, but I did take advantage of this awful share price value and started a small speculative position through further dated options contracts. Here's the price levels on the 1 day chart.
Q4 December 2021 Consensus:
EPS = -$.43
Revenue = $1.5M
52 week high = $62.80
52 week low = $11.30
SMA200 = $25.19
SMA150 = $25.44
SMA100 = $20.02
SMA50 = $16.20
breakout = $16.90
R3 = $15.98
R2 = $15.05
R1 = $14.13
pivot = $13.20
S1 = $12.28
S2 = $11.36
S3 = $10.43
breakdown = $9.51
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
