Spacex
NNDM almost hit our targetHello my friends and long time no see. I have personally sold out of nndm and didn't catch our move to the upside with is almost hitting our target in our last TA. This TA/Idea is going based on what the graph shows, so no news.
News
Well I'm not lieing about any news cause I'm not gonna read it, but ark has invested into NNDM , which caused it to almost hit our target. Ark is probably the best company to follow and them investing in a penny stock shows its not a penny stock to them and has potential.
-Earnings coming up, so it will be interesting to see. If you have any news that might come out it will be great. Again I suspect them to beat earnings, but a pull back before will be a buy imo
-elections results still going on with recount, but won't hurt nndm since space is going private
TA
-MACD is bullish, but can turn over
-RSI is overbought
-A retracement to 3.54-3.64 is on the table before moving higher. Also if we break above 4.10-4.20 we could suspect to go create higher highs with 4.09 being our resistance point.
-High vpvr from 3.80 and up, which is bullish
Final Thoughts
I personaly did sell and been leveraging on bybit for bitcoin, but I did buy the 7.5 may 2021 call and up 44% and also some shares. I would buy more shares, but my RH account is locked cause I accidentally used the wrong bank to deposit money, so I have to wait till funds are settled. Till then I'll watch for a pull back hoping I can buy.
$TSLAWe need some market sentiment and movement to push foward. We bounced off support really nicely, and Id like to see those two levels get broken with some conviction to send TSLA back on track. With election news coming a we could see market wide dips but So far TSLA has stayed in range so i would expect to see TSLA consolidate and could possible present a iron condor situation.
VIRGIN GALACTIC aka SPCE is reaching an apex, will it launch?Hey everyone, today we're looking at a longer-term stock that has the potential to get exciting very quickly. I'm really liking how the fundamentals and the technicals are lining up on this wedge I've drawn, what do you think?
Note the end of this Wedge is targeted by November 2020. Meanwhile, there is a strong catalyst that will have this stock either moving higher or lower, and one should be watching this wedge pattern alongside the news:
4 days ago this report came out:
The flight will be the first of two that the space tourism company has planned to complete testing of its SpaceShipTwo spacecraft system and should have just two test pilots on board," CNBC's Michael Sheetz wrote.
"Virgin Galactic said last month that the second test spaceflight will then have four 'mission specialists' inside the cabin," Sheetz added. "If both test flights succeed, Virgin Galactic expects to fly founder Sir Richard Branson in the first quarter of 2021."
If you aren't watching SPCE right now, it's probably a good time to buy and then watch your indicators. I'd hate to miss this, but it's a high risk, high reward trade and so one should set a stop-loss according the the wedge and use the fundamental news as an indicator to match against the future candlestick pattern.
Good luck and happy trading.
Disclaimer: I am not a professional, nor do I claim to know what I am doing. I chart for my own education and revealing potential trade setups. I am always open to constructive feedback and resources that you can recommend to "up" my game. Thank you!
Spirit Aerosystems a play or not?Spirit Aerosystems isn't spirit airlines. It's own by boeing and makes parts for boeing and inovates in the aerospace sector and from its website is also into space with a virgin galactic partnership. Now I've been watching this for awhile, yet I'm still not sure if i should go in but heres some levels I'm looking at.
Current findings
-Their earnings is they are losing money, yet they are tied into boeing and if boeing isn't making money they aren't either
-They have ties to the space sector, which comparing it to the other space stocks, they are underperforming
-They pay divends, so you could become a long term holder and get paid while hoping this company can recover after COVID
-Boeing has had a 34% drop in its price around June, yet SPR has had about a 50% drop giving this stock a potentional upside of 20% to go side by side with boeing. This reflects that SPR is struggling and can be shown as this company wants to layoff over 1400 people. From a quick search they have just over 5k people working from them. Big hit on their workforce short term.
Buy In
-Now I've market that you may take a position at this level with a 20% bounce back, yet I'll be watching for two key levels.
1: Sub 20 dollars since to be a fair value and has gone down as low as 16.70 (with dropping lower, yet springing back). Sub 20 dollar since like a good start if you want to dip your toes in.
2: An optmistic bull and don't mind gambling is taking a position in when it gets too 24.12-24.5 hoping for a breakout. Now this same level could be profit takers, yet around May 27th when it hit this level it broke out and giving a $12 high profit per a share. Roughly 30% return.
Final Thoughts
Its interesting stock and will just wait if it goes sub 20 and you could be worried if boeing would cut this company to cut boeing's loses, yet thats the doom mindset and don't think that will happen. I'll remain Neutral on this stock
NQ Batman Pattern Lives and Risks on the DownsideSince NQ started that awesome batman pattern back on July 20th, It has been swinging wildly up and down. But we find ourselves back at the top of the channel around 11,000 where anything can happen. So far NQ has burned up to tap a bit over 11,000 and correct immediately. We expect no different this time, but that doesnt mean it cant break out and fling itself higher. Maybe 11,350? That's where my top red line is at so that is pure speculation. However on the daily NQ looks like it is in a very gnarly ascending flag, bear style and ready to tear a new asshole into some FOMOing retail traders.
We should know quickly this week if NQ needs to burn down or it will make a break for the border above. Until then I would keep your trigger finger near the sell button and set up some alarms both ways. If it flies up, let it run and then take profits! If it decides to fling itself to earth like the Space X Dragon Shuttle, then drop that b*tch like a hot potato. You can always buy more, but it sucks being underwater. At this point in the game, NQ has met its match for the moment and unless it clearly and decisively breaks through, we can expect this puppy to leave orbit and take a one-way ticket back down to earth.
NQ short: SQQQ (use rarely, because shorting the NQ 99% of the time is like predicting you are going to be a millionaire tomorrow. Sure it might happen and maybe eventually it will happen. BUT LIKELY IT WON'T HAPPEN, so don't waste your time hoping).
TESLA earningsWe know covid is taking hit on companies, yet TESLA is a beast like no other. I'm not bearish nor have any position on this and would just like to give a heads up on levels to watch for on a pull back with earnings. Looking at the order book the past few days I've notice that the only buys and sells were from small investors and the 100 share buys are nowhere this week.
News
-Tesla is expanding heavily in ASIA and looking to open a factory in Texas, which is rumor after the recent California news on lockdowns of Tesla's factory.
-There is a growing demand and they are the only ones that are exceeding in the green energy automotive sector.
TA
Not gonna give you a bull case because I have no clue, yet a famous investing group ARK said bear case is 1.5k to 7k and someone also said their max was 25k. I'm just gonna let you know supports and if TESLA is a bubble where to expect to buy.
-Supports where TESLA went sideways before its run ups were at 1354.74, 989.16, and 824.83
-If you believe in TESLA its best to take some profits without selling all your position
-If this was a bubble a 70% correction takes TESLA all the way too 529.89.
-MACD is showing bearish action
-RSI is a little overbought, but could move higher
-volume is dropping, yet can be seen in the live trade orders
Bubble
Signs of a bubble can be seen since its last earnings that grew attention that took from its $200 price to $900.
First is early birds before the first $900.
Than the first sell off
Than just sideways than it grows momentum
Than talks start going around
Media jumping on board
Institution FOMO
and Boom
Not saying its gonna pop anytime soon since TESLA is focus on expanding and could grow more long term, yet short term be wary of what could happen. I believe in TESLA spaceX program with going to mars and I'm not too worried about missing out since you can make money anywhere, yet with Ark giving a price target of another 7x and even 25x you might want to take some profits before eod. Again good luck to all the holders and long TESLA longterm but wary short term.
SPCE Bullish Breakout: The Beginning To New Highs (IMO)In my opinion, SPCE is a lifetime stock. I'm just happy to be young and alive at it's IPO. I'm holding shares and I believe in this company. I DO believe we're bullish from here, no reason to fall back to $10-$15 again.
• Disney executive appointed new CEO is legitimizing the company as "this is real"
• Ships are almost ready to go
• Branson is first in line to go to space (I'd be second if I could)
• We're on the backside of COVID - this stock could held highs and already moved higher if we didn't have the market crash
• NEW bullish activity happening now and VOLUME is picking up
• Cabin reveal is coming up at the end of month
• Hundreds of preordered tickets confirmed and thousands in reservation mode (over 100 million in possible sales already)
THE FUTURE POSSIBILITIES
• tickets get cheaper
• Disney creates a "space world" in partnership with Virgin Galactic (zero G simulation rides, education/inspiration rides, best planetarium you've ever seen)
• interplanetary travel made much faster - Atlanta to Tokyo in 2 hours with new ships (this is actually already being planned)
• VG ships are already compatible with current international airports (no special runway or launch pad needed)
• other space and research partnerships with medical companies, NASA/government, satellite companies, etc
Buy and hold forever!!! This company could be the only stock you'd ever need to own. Imagine, $1000 price point in 10 years, with 1000 shares = $100,000 average profit a year. If you want to go to space, like I do, hold at least 250 shares and in 10 years they might be worth $250,000 and you can easily buy a ticket then. Bless!
Friendly reminder: All of this is my opinion. I do hold shares. Please invest wisely.
Virgin Secures Financial Package of $1.5 Billion - Huge Win!Just an FYI...
If anyone missed this today...
At approx. 1:59 PM today, news was announced that Richard Branson Secured a financial package for Virgin Atlantic of about $1.5 Billion.
www.barrons.com
This is also great news for Virgin Galactic Holdings, Inc. because it takes financial pressure off all the Richard Branson companies as a whole.
Also, on another note...
I've heard rumors the FAA gave Virgin Galactic the long awaited license it needs for space travel.
So we should have some great news forthcoming!
Daily Chart
SPCE is trading above the cloud and bounced up off support today to close up for the day, +0.33 at $18.43.
PMO is Bullish
RSI is Bullish
OBV is Bullish
Accumulation is Bullish
Where's the stock going from here? My guess...to the moon!
Best of luck longs!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Bullish Charts - The Space Force, News ForthcomingVirgin Galactic Holdings, Inc., an integrated aerospace company, develops human spaceflight for private individuals and researchers. It also manufactures air and space vehicles. The company's spaceship operations include commercial human spaceflight, flying commercial research, and development payloads into space. In addition, it designs, develops, and manufactures ground and flight testing systems, as well as provides post-flight maintenance services for spaceflight vehicles. Virgin Galactic Holdings, Inc. was founded in 2007 and is based in Las Cruces, New Mexico.
SPCE was upgraded a few minutes ago to a BUY
On 07/02/20, Virgin announced it will reveal the design of SpaceShipTwo's Cabin Interior via Livestream on July 28, 2020.
On 07/01/20, Virgin announced it is getting closer to obtaining an FAA License for Space Travel. (This alone should make the stock spike upon approval of the license)
On 06/23/20, NASA announced it is stepping up support for Space Tourism.
Virgin could be the Tesla of Space Travel.
Daily Chart is Bullish
Volume is Bullish
PMO is Bullish
MACD is Bullish
RSI is Bullish
Stochastic is Bullish
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
HUGE ACCUMULATION, TA and FA CONFLUENCE! HOLD ON FOR THE RIDE. Huge accumulation happening for the past 3 months. July 31st is the reveal of the interior of the space ship, and Aug 2nd is their earnings report, where they will more than likely announce they have received FAA certification, AND have scheduled date for getting RB into space.
This confluence is extremely rare to see in an asset.
TESLA , a Bull in the moonTSLA
Tesla, bullish going up, because his effords and the success of SpaceX missión, a great hope for humanity and spacial carrer.
It´s the start of a Bullish trend. Maybe, we will see a correction, and then go up.
Is also recommended to get in Alphabet (GOOGL), the firm has participation in SpaceX.
Good trades!!
See you Later!
EVERYONE IS BEARISH & 90% WILL LOSE MONEY (Elon Musk - tesla) Everyone is shorting tesla when we just started a parabolic run!
Human psychology 101 fight the trend... this is clearly bullish and everyone is bearish
New paradigm is incoming!
The first sell-off just happened
Not much more to say here other than I am loading more USD from my bank to buy more Tesla :)
Stay profitable