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SPCE Short Gains Scoop and Consolidation Trend

NYSE:SPCE   Virgin Galactic Holdings, Inc.
A short term support and resistance zone has been identified. Similarly, a consolidation trend has been identified within this range hence the potential for a profit in the short term. The consolidation is expected to break for those expecting to go long, after the announce about the NASA collaboration. Additionally, no visible bullish divergence signals on the RSI have been seen yet however, as more buyers start coming in, this may probably be the next step in the possible breakout process.


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