Virgin GalacticI like spce a lot. Bought the dip and now waiting to see what happens here in the next couple of days.
Possible inverted head and shoulders or adam and eve bottom.
Expecting Q1 bottom on Nasdaq now or very soon.
SPCE
SPCE CRASHING ON EARTH = 50% DOWN IN FEW DAYS LIKE EXPECTED ! AS EXPECTED A BEAR LARKET WILL BRING ALL THESE NONESENSES TO EARTH
I FEEL BAD FOR THE LAST COMERS USUALLY RETAIL INVESTORS WHO BELIEVED ALL THE NONESENSE FROM PEOPLE PUMPING THE STOCK PRICE AND CASHING IN
NEXT IS TESLA
WHAT A SHAME PUTS PRICE ARE WAY TOO EXPENSIVE TO MY TASTE AS THE BREVEN IS ALMOST 50% ON STRIKE
Alex Vieira Downgrades VIRGIN GALACTIC to JUNK! MELTDOWN! Alex Vieira Downgrades VIRGIN GALACTIC to JUNK Calling MELTDOWN
Virgin GalacticAfter having the massive rally up before earnings we see a sharp sell off as the reports come out. We are currently seeing some support around the $20 price target with price making another test up towards new highs. This stock will continue to remain extremely volatile over 2020.
Oracle Warren Buffett Calls Virgin Galactic Crash $42 to $19Oracle Warren Buffett Calls Virgin Galactic Crash $42 to $19
SPCE LONG SET UP ON PULLBACK (MOON TIME)BUY SPCE LONG SET UP ON PULLBACK
ENTRY 1 23.68
ENTRY 2 20.48
SL 14.00
TP.1 32.44 & TP.2 34.48
TP.3 38.00 & TP.5 44.00
stock dropped 15.5% in Wednesday trading. Don't cry too hard for the company, though -- the stock is still up 300% in the past couple of months.
Why did Virgin Galactic go down so much today, though? One word tells the tale: earnings.
Alex Vieira Urges SHORT Virgin Galactic $42 CRASH AHEAD!Alex Vieira Urges SHORT Virgin Galactic $42 CRASH AHEAD!
Spce is going for a crash landing?Our last TA on SPCE was pretty acurate we got a bounce just above our target with just .20cents off. I'm always a follower of trading range lines or highs lows in predicting pull backs. As of now at closing we are at $26.50 with the low of $25.71, which is marketed on this graph since aftermarket price movement isn't shown due to low volume, yet we all know SPCE has bubblish volume. As of now we can hold off on SPCE until we get bullish movement, but what caused this drop?
1. SPCE was in a microbubble with Bullshit expectations.
2. The EPS was off by a Shit load and anyone could have seen this coming, besides the people getting behind the hype.
3. Corona ingeneral has had affect on the market after it spread to Europe and recently theres a case in California.
What's next for SPCE? well its the market bubble graph and as of now we could say we are in Anxiety since the bounce was Complacency. We could honestly see a sub $10 SPCE with we knowing SPCE won't beable to make any money even raising the price will just hurt the company itself. They need development like SpaceX with inovation on its Rockets. SpaceX has reuseable rockets.
Next target is our trading range of $19.06-$24.25. You can see past TA which hasn't change
Head and Shoulders SPCE SetupPretty clear and clean head and shoulders. I anticipate a correction to the 20s. This ridiculous speculative run has gone on far too long...
Speed short Quick short. You can see the difficulties of beating the $ 37 zone. Time for falls and maybe deepening the hole from the previous week. A positive scenario is a strong beat of $ 37
Go go !!!
This is the power of demand. The whole index stands and Virgin Galctics has made up for the loss. This shows that the market is interested in these shares
SPCE LONG ON PULLBACKBUY SPCE LONG SET UP ON PULLBACK ENTRY 1 30.68 &SL 28.00 TP.1 39.44 TP.2 45.48 TP.3 50.00 In this wild stock market, some investors favor Tesla and Virgin Galactic over Apple and Amazon Both Virgin Galactic and Tesla provide short-term trading opportunities for sophisticated investors both from the long side and the short side. Our system gave a signal to...
GO WHERE NO MAN HAS GONE BEFORE do not fear my friends, stable for the next few days. stay strong and refuel for the next trip
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.
