BlackSky | BKSY | Long at $1.09BlackSky Technology NYSE:BKSY is a small company focused on satellite imagery tech. It's another name from the SPAC-boom era that suffered a massive price drop - reaching a high of $17.41 in 2021 and a low of $0.86 in 2024. However, based on my selected simple moving averages (SMAs), there may be a price "influx" soon as it merges with its primary SMA (white line) and consolidates further or rises. Fundamentally, the company needs more time to prove itself as a growth/earnings generator, but in the near"er"-term, there may be some price movement in its future. It's currently in a personal buy zone at $1.09.
Target #1 = $1.50
Target #2 = $1.75
Target #3 = $2.00
Spacestocks
MNTS- Momentus secures federal contract LONGMNTS is now contracted with the Pentagon and NASA for space exploration work including
satellites and a space station pages.optimallivingdynamics.com
Traders and investors reacted in the past day or two. MNTS is currently priced at about 99.9 %
of its ATH of about $1250 three years ago. Accordingly, it is a penny stock with a potential
1000X upside. That is to say $ 1000 could become $1 M. 135 million shares traded in the past
day. Revenue increased 4X quarter to quarter. The Price X Volime Trend had and impressive
pop I will take a speculative long trade here for a long duration swing trade to see if
MNTS can launch higher.
SPCE this penny stock could launch from the support area LONGSPCE has lots of potential but sometimes gets bogged down with "technical difficulties"
It is burning cash just less than the analysts have predicted. As such it is a risky trade. Best
probabilities for success on a long trade is to buy as low as possible and hope that is its
now putting in a reliable double bottom on a six month trend down. On the 30 minute chart
I have marked upside targets on the volume profile not shown . I am expecting 100-150% in this
swing long trade which may last 4-8 months.
