SPCE had a screaming alert profile (FOR ME) on Dec 16 @ 9.00 yet I somehow missed it.
With only just over a year of public trading near the 9-10 level price began to climb up in September and October (I missed it). Then a quick flight on volume spike to new highs in October followed by new lows around 7.00 into early December.
Volume came back soon after to...
Merry Christmas!
Quick TA on $SPCE, enjoy
EMAs bullish...
RSI is still healthy...
SPCE to continue upward breakout until a correction around the 30th or sooner
Long opportunities on SPCE remain and still is a good stock
Happy trading!
Here is an update my recent Virgin Galactic idea. The price has fallen below and retested the rising support line once that was established from the bounce off of $6.90. The blue arrow represents the maximum upside potential before the next leg down. Sideways movement towards the falling resistance line before the next leg down is another possibility. The Red...
40% down since the unicorn IPO... It is not ready yet, tough to say when Space Travel will be ready to pop. For right now, I suppose a gradual add over the next decade will get you to a super unicorn valuation if you trust Richard Branson to beat Elon Musk. This is a fun stock that has been a massive loser.
**accumulating a position... wasting capital and money
For entertainment and trending purposes. why am I bullish on SPCE
2020 could actually be the year Richard Branson goes to space. This "can" has been kicked down the road multiple times with a 6 month time frame given in multiple interviews since 2018, but this year seems different. Richard Branson has a milestone birthday in 2020 turning 70 on 07-18. If we dig a...
For Entertainment and trending. Hard to determine which we will see, I'm leaning towards a break out to the upside, but will set a stop loss just below the lower trend line to be on the safe side. If you followed my earlier trend on SPCE you should be in profit and can afford to take some profit off the table here.
$SPCE is a way for investors to bet on Richard Branson and space travel. $SPCE has already sold more than $150 million worth of 90-minute space trips on board its shuttles that are expected to take place next year. $SPCE is projecting $500 million in revenues and EBITDA of $250 million by 2023. We believe $SPCE is going to become the next hot cult stock and the...
For entertainment and trending purposes. Remember when Tyler Winklevoss used Bitcoin to buy a ticket on Virgin Galactic. The future is happening. Free your mind from the old and embrace the new.
