MAXR big move coming soonHello, today I will talk about MAXR one of my favorite stocks since its space and who doesn't love space. Based on VPVR levels, support lines, and the slow down turn. We can suspect a big move likely to hit around next week on Wednesday unless we trade sideways .
Support zones to buy are the following
-9.98-9.85
-9.07
-and unlikely to hit before next Wednesday if we are bullish is 8.21
Why am I bullish? iIsee sideways consolidation since the inital dump of covid and hasn't been really moving much with the market, so we can suspect some catch up along with the United States reopening. I do suspect some mediocre earnings next round, but if they are smart increase in R&D during this crises like NNDM has done.
TA
-We are in a downtrend, but have been consolidating and creating higher lows with a double bottom around 9.07
-MACD is bullish, but is sideways showing uncertainty among weather to be bullish or bearish.
-RSI is the same as MACD and is Neutral
-Trading is a Sell on the hourly
-Most bullish thing is we are above the 50ema on the hourly and if it holds we will see major bullish movement, so one week is a good timeframe to suspect the move
I'll be bulish and have bought in at 10.15. I know I could play it smart and wait for my targets to hit, but we are already at a discount compared to our $15-$17 range and with the Space market expanding every month with Tesla and Virgin Galactic along with Blue Ocean; might be a good time to buy some discounted shares for a mid long term hold. I may buy some more shares if we go under 9.90
Space
$5,000 Mistake On SPCELet me walk you through one trade I took back in February. NYSE:SPCE
Waking up on Feb 25th, I noticed SPCE started tanking due to bad earnings. Recognizing this Head & Shoulder pattern wasn't difficult... At All!
Even though I had just started options trading the week before, I decided to trust my technical analysis opinion and took the trade. On Feb 25th I bought 3 $29 strike puts expiring 2/28 (2/28 the morning we bottomed out at $20).
Waking up the next day (Feb 26th) I sold all 3 contracts for a 80% return as I really didn't want to be greedy. Although as you see I should've trusted my TA and not let emotion come in between me and the bag.
Everything is a learning experience and part of the plan. Keep your head up, trade with confidence and let's get this bread.
SPCE under 20 - Opportunity of Decade To Own Rocket Story StockNo technical Analysis more of just a trend forecast
SPCE 100% story sock that is not currently beholden to having to have earnings etc, much like Tesla was in it's early days ( and still to this extent today)
I wouldn't be surprised coming into summer this fall, if this stock was making NEW ALL TIME HIGHS
over 40 as more developments get them closer to launch
10-15 area nice opp now
Maxar too the moon?WIth the love of space looking at other stocks besides SPCE, I found MAXR. They do work with NASA equipment and Satilites, pretty cool company while we all wait for the starklink ipo. With the new budget in USA, the Gov is suppose to increase 12% to NASA funding, which would increase roughly 2.7billion dollars with a budget of rougly 25billion dollars and sure there might be other outside investors.
MAXAR with a MC of 1.04billion, according to Robinhood would increase its MC to rougly 1.1648billion with a .1248billion increase witha given price of $19.32 roughly. Getting pretty close to last months high and wondering if its priced in.
I'll remain neutral with MAXAR while being a bull just cause it's space and SPCE has caught the attention of many investors in the space sector with also MAXAR being the second largest holding of UFO, which is a Space etf. I expect as SPCE pulls back MAXAR can have a steady uptrend with its EPS also slowly going up .
Next week will be a big week in MAXAR trading with the MACD looking its about to cross bearish, yet could always bounce back with large sell value happening friday, yet barely moved the price as it is testing resitance/support. Trading zones are 15.90-17.54 with 14.33 being a bottom. I see the growing of the space sector in the coming years, yet it might not be a bad idea to acculate MAXAR than selling when StarLink ipo to cash in on some SPCE like gains.
Virgin Galatic long or shortVirgin Galatic has been making its name recently, yet should you be buying or selling? The honest answer nobody knows, yet we can try to get pretty dam close to where its gonna go. Almost everyone knows that this company is gonna be losing money in the short term and mid long term, yet is priced in? I say it's not and its EPS will be corolated with the SP500 with the ETF UFO being connected to SPCE price movement till the reevaluate their portfolio.
For a discloser I sold my SPCE at 27.80 after buying at 11.30, yet I been playing it has a caution from being from the Crypto markets. I'm not saying I'm a bear cause I sold early, but I just want to see confirmation and strength in the graph before reentering with its atl being the $7 range
I would go short with it 19.06 being a last resort hold for the bulls and 25.25 being just above a 60% correction in the micro bubble of SPCE. I put 27.99 give or take as we may have a bounce unless we blow through it. The MACD is bearish with the RSI neutrual, which could have a short squeeze yet looks very dependent on what the EPS is gonna say. A trading range of 38.72 has the high, yet the low hasn't been fully formed just yet but could say at current price could be the bottom of the current trading range, yet the volume has been rougly 100million shares traded daily.
I would be short with no option call just shave off profits and WSB is already moving on from SPCE, yet shouldn't really take financial advise from them since with the amount of traders there could only move the market all together is .01% thats if everyone got behind a stock.
LTCBTC Initiates Launch Sequence Some digital coins might be already be initiating launch sequence and:
* Begin final vehicle and facility close-outs for launch
* Check out backup flight systems
* Review flight software stored in mass memory units and display systems
* Load backup flight system software into the orbiter's general purpose computers
* Remove middeck and flight deck platforms
* Activate and test navigational systems
* Complete preparation to load power reactant storage and distribution system
* Complete flight deck preliminary inspections
Meanwhile, hundreds of humans are secretly planning to escape earth's fate preparing mission "Artemis"
Artemis, goddess of the hunt, the wilderness, wild animals, the Moon, and chastity, twin sister of appolo,
daughter of Zeus, son of Rheia & Kronos, youngest of the first generation Titans, the divine descendants of Uranus,
the sky, and Gaia, the earth a generation of gods preceding the Olympians.
In a few days Northrop Grumman's thirteenth contracted commercial resupply services mission is launching its Cygnus spacecraft
aboard an Antares rocket from Wallops Flight Facility in Virginia, delivering several tons of cargo to the International Space Station.
In March a SpaceX Dragon cargo spacecraft is scheduled to launch on a Falcon 9 rocket from Space Launch Complex 40 at
Cape Canaveral Air Force Station (CCAFS) in Florida, delivering NASA science investigations, supplies, and equipment to the International Space Station.
As far as we know these facts are not directly related to Litecoin nor it's imminemt launch to the moon what so ever.
Intelsat$I (Intelsat) is a long term player in the coms race. If it can violate the diagonal resistance around $6.75 with volume, i will looking for an entry. Patience and confirmation are key. Less is more.
MAXRA conservative entry on the break of the high. Target levels indicated on the chart. Maxr will be a big player in the space sector so looking for a solid change of trend and a break of this current year long range into higher levels.
KSS potential breakoutKSS has seen a surge in volume over the past few sessions around the previous high, sustained interest could see this break with a target price of circa 43c if the move runs to full potential
WAVESBTCWith btc correcting a bit, we might see some alt action.
One alt that might be approaching bottom for now is WAVES.
Chart tells me would could make a >10% move here which could last a few days. Im using a measured move for my target, targetting next price channel. Aiming for 16-20% here. Stoploss I would go for 3-5%, best to buy on a retracement on 4h or 2h chart.