Buy $SPCE - NRPicks 07 Mar
Virgin Galactic Holdings, Inc. is an integrated aerospace company, developing human spaceflight for individuals and researchers in the United States. It also manufactures aerial and space vehicles. The company's spacecraft operations include commercial human spaceflight, commercial flight research, and space development payloads.
The company came close to losing all its 2021 profits in the last few weeks, attributed to the overall market decline and to investor Chamath Palihapitiya making official a sale of 6.2M of Virgin shares. Possible sustainable rebound in MA200
Technical:
MACD Level (12, 26) 5.76
Bounce over MA200
Price below MA50
RSI 36.02 Oversold
Trade closed: target reached
10 Mar
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.