Hi Guys! This is a Technical Analysis on Virgin Galactic Holdings (SPCE) on the 3 Day Timeframe. We have been on a continual PRICE DECLINE since our MAJOR REJECTION, June 22, 2023. Its depicted by the Massive ENGULFING BEAR Candle. This area was also a Major RESISTANCE area with convergence of the RED and PURPLE lines. Note that Previous times we've had touch...
Hi, this is a Technical Analysis on Virgin Galactic (SPCE), it is viewed on the 1 Week timeframe. Our current candle is currently in the process of breaking out BELOW our UPSloping Support Trend Line, highlighted by the RED circle. Note: The candle closes, end of trading session on 7th of August, Monday. Meaning our current candle is not accurate, so we need...
📊 Fundamental Analysis: Virgin Galactic has been gaining attention in the market due to a positive Q2 performance. The company's strong quarterly results have sparked interest among investors, potentially indicating positive growth prospects ahead. 📈 Technical Analysis: The chart above illustrates a potential Wyckoff accumulation phase for SPCE. The price...
SPCE is stirring up headlines again to try and gain some trading volume it looks like. Their PR team is quite tactical in positioning articles perfectly around earnings reports. Is this some positive news to maybe provide a story to the upcoming earnings report? With the stock being essentially on a slow descent back to earth since it dropped down below the $10...
SPCE is losing money for 4 consecutive quarters showing that it is fundamentally a losing proposition, perhaps destined for bankruptcy or alternatively share dilution to raise cash which would prejudice present shareholders. Perhaps these scenarios are baked into the price. On the 4H chart the long downtrend dating back 2 years has continued. After the turn...
Now any significant positive news is needed (announcement?) Apparently, they have set a wave (ii)/(b Stop loss under 3.4$
Hi viewers, SPCE long time bearish trend, here now strong bullish progress technically watched in next periods to expect TP1:6 TP2:7 TP3:8
Technical Major support at $4.10 (S1) Major resistance at $5.25 (R1) Support at S2 would signal a reversal (Maybe short term (1-2 weeks)) Fundamental VSS Imagine not ready, maybe 2023 (2 flights per month) VSS Unity ready to fly (1 flight per month), VMS Eve upgrades/maintenance to be completed in 4th quarter. Test flight early January + glide flight...
I reissued the chart and recalculated the quotes into sentiment. Fractal, a series of inputs 1-2, 1-2. Target 100-1000x, stop at $3 (relative to current monetization/inflation/deflation) It is necessary to interrupt the top of the 4th wave of the previous formation, put the initial diagonal of the pulses and correction in the form of flat, or a...
And he said, may the updated Concords come to life and fly around the world in a few hours.
And he said, may the updated Concords come to life and fly around the world in a few hours.
Thursday, 2 July 2022 06:47 AM (WIB) Virgin Galactic needs attention on Monday morning.
Virgin Galactic Holdings Short Term - We look to Sell at 7.56 (stop at 8.42) Preferred trade is to sell into rallies. Broken out of the channel formation to the downside. We have a 38.2% Fibonacci pullback level of 7.47 from 11.25 to 5.14. Our overall sentiment remains bearish looking for lower levels. Previous resistance located at 7.50. Our profit...
Virgin Galactic Holdings Short Term - We look to Sell at 7.33 (stop at 8.19) Preferred trade is to sell into rallies. Broken out of the channel formation to the downside. Mixed and choppy price action resulted in the early move lower being sustained and prices closing lower. Our overall sentiment remains bearish looking for lower levels. Our profit targets...
Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company...
Virgin Galactic has developed an ABC downside corrective pattern. Now it seem to have ended wave 1 and 2 to the upside. Is it ready to fly to the stars? www.youtube.com
I guess its forming a megaphone pattern. I will buy at $6 and hold for long term. good luck to all. not investment advice!
Watching out for SPCE, news driven pump may come soon. My entry point would be at 25 EMA point, watch for volume at least 60 million. The day volume pass 60 million, next day pump. Banker chips has finish capitalise, waiting for next pump to come. Green line is resistance while blue lines are support.