$ASTR Eyes On The SkyThis week ASTRA or ASTR will be launching a test rocket for the United States Space Force delivering its capabilities over other companies like Rocketlabs, SpaceX, and more. Astra had many failures, but was able to achieve orbital launch, so this Friday starting at 1pm pt time they will have a window open till September 13th to launch the Rocket.
News
-Too many, but many contacts with Space Force, DoD, Nasa, and others
-Got license to launch from Kodiak till 2026
-First commercial launch starting Friday with 2 more planed by eoy
-Building their manufacturing building for satellites
-Their monthly rocket will be ready by eoy
TA
-Roughly at 9.50ish there's some circles you see. These represent past resistance and support from Mid July till now
-VPVR levels have built up at 10.62-11.25, which at current pricing is a 16% move to the upside at max
-Other key zones or past targets I had from Holicity or $HOL hits at $13.33 and now $16-$18
-RSI trends down and lends bearish
-Macd is folding up to show bearish movement, but could bounce back bullish
-If the current price falls, next target is $9
Final Thoughts
I'm bullish on this stock and this week we could see the $12 again with prime target of $16-$18 before the launch. This is a high risk stock, but its development as pushed forward and with recent $SPCE and $VECQ news I will be remain bullish on this stock over the others.
SPCE
Time to Buy #SPCE - Ready to Go UpHello Traders,
It's time for this stock to go up, if everything goes well, i expect a short term up at list (if Sir Richard Branson dont use his ATM) (it could go down after, max between 18$ and 20$).
Flight will not start before 2022 but, sales started at a higher price and a test flight (paid) is expected in late september.
- Virgin Galactic reopened ticket sales with prices beginning at $450,000 per seat (before it was 200 000$).
- The space company now targets late September 2021 for the mission called Unity 23 - company’s fifth crewed test flight to the edge of space.
NYSE:SPCE
Jump into the Rocket or Stay on the Ground !
This is a long Term opportunity for the only and the cheapest (near) space travel.
NEW Opportunity to go into #SPCEGetting rid of your FOMO is the key to making more money than your peers and I'm going to show you how.
Be honest.
How many of you chased the two pumps in SPCE ?
Statistically most of you.
How did I know that this spaceship was going to crash and burn in the short term?
Psychology.
History repeats itself and this was one hell of a history lesson.
At NTS we created unique techniques that HEAVILY revolve around psychology.
Why? Because we study people and people move the market.
YOU need to know this stuff so you can raise your status in life and finally demand some goddamn respect!
We have multiple testimonals, data and ideas to back this up. (We called the TSLA and BTC tops remember).
YOU are skeptical because you have been burned in the past or you have a fear of being burned in the future.
That is fear talking. An emotion that can be used as an energy enhancer not an energy drainer.
It is NOT your fault there are many scams out there but it is your fault if you fall for them.
With talks of amazon wanting to buy bitcoin volatility is increasing. Luckily for you we are on the way up but understand this, that train is leaving the station and time is running out.
I for one am sick of fake guru's because I was once in your shoes and now is the time to take the fight to them, by making stronger trades and leaving no doubt who is the best.
This chart will most likely turn bullish a lot lower around $10.
Why? Only one reason.
$SPCE Target 45.36 for 34.08% $SPCE Target 45.36 for 34.08%
Next add at 28.48 (support)
Looks like it got rejected and wants to test support again...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
SPCE - MULTIPLE SCENARIOS - DEFIENTELY LONG SHORT TERM!Good Ol' SPCE, the swing monster:
Entered calls at $31 after seeing the volatility squeeze and bottom of the cup forming. Profit targets set at 40.66 and 43.57 with respective .5fib and .618 fib. Trimming positions at these levels, will continue holding the rest of my positions if .618 fib is broken and aim for 1:1 retracement at 52.95. If price reverses at .5 or .618 fibs, I will consider this move a correction to the down trend and will enter puts/short, riding it down to $20. Watch these aforementioned key levels to enter, I am prepped for any scenario currently that the chart has presented.
Bullish indications:
RSI: 30m, 4hr, and 1d, all trending up, this is rare to find and increases my confidence that price will hit atleast the 40.66 level.
MACD: 1day Bullish Divergence cross over, be careful tho as the 30m macd is crossing over with a bearish divergence, this is less prominent as it's only the 30m. The longer the interval, the higher the importance. 1 days trumps 30m on RSI but a 30m cross over could allow better position entry. Although I personally wouldn't take the chance as the price action and structure is strong.
If this doesn't get rejected on the way up, I could see potential for this sucker to blast to 71.10, it all depends on how fast it can move through these key fib levels.
4hr chart:
1D chart:
SPCE: Is it about to reverse the trend?Hello traders and investors! Let’s see how SPCE is doing today!
The stock is in a crystal-clear short-term bull trend , as seen in the 1h chart, because it is doing higher highs/lows . The problem is the resistance at the $ 33.90 , which seems to be giving a hard time for SPCE.
Now, we are doing a pullback, as usual, and the two main supports are the 21 ema and the purple trendline.
In the daily chart, we see that SPCE is just dancing around the support at the 61.8% Fibonacci's Retracement , and it is trying to reverse. Today, we hit the 50% retracement, and we are clearly trying to defeat the 21 ema. The volume is increasing, while during the accumulation seen in the last weeks it was very low.
If SPCE is about to reverse for good, it must defeat the $ 33.90 once for all, but it might do a pullback before. It is not my favorite stock, but between a long or a short trade, definitely the Risk/Reward ratio favor long trades.
If you liked this analysis, remember to follow me to keep in touch with my daily updates.
Have a good weekend.
SPCE Buy HERE for long term gainsWe most likely will create a giant weekly M pattern before breaking out strongly to the upside. This pattern is going to take a long long time to play out so set your alerts at $15 and forget about it.
In the mean time there will be bounces and drops for short term weekly option trades.
Virgin Galactic Holdings Inc.Monday, 26 July 2021
18:57 PM (WIB)
KEY INFORMATION:
Name: Virgin Galactic Holdings, Inc.
Ticker: SPCE
Exchange: NYSE
Founded: 2017
Industry: Aerospace and Defense
Sector: Capital Goods
Market Cap: US$7.124b
Below Fair Value: SPCE ($29.58) is trading below our estimate of fair value ($55.98)
BUSINESS PROFILE:
Virgin Galactic Holdings, Inc., an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States. It also manufactures air and space vehicles. The company’s spaceship operations include commercial human spaceflight, flying commercial research, and development payloads into space. In addition, it engages in the design and development, manufacturing, ground and flight testing, and post-flight maintenance of spaceflight vehicles. The company was founded in 2017 is headquartered in Las Cruces, New Mexico.
TOP SHAREHOLDERS:
23.59% | Virgin Group Holdings Limited
6.54% | SCH Sponsor Corp.
4.9% | Aabar Space, Inc.
4.77% | The Vanguard Group, Inc.
2.25% | BlackRock, Inc.
1.17% | Renaissance Technologies Corp.
1.05% | State Street Global Advisors, Inc.
SPCE Time Below 200 Day MAThis chart simply shows the length of time SPCE has spent below the 200 day MA in the past. This may help some of you manage your expectations.
It is possible that things have "changed" and as the hype may have reached it's climax, but based on technical analysis we have zero indication at this time that this is true. So far, the uptrend is intact and the price is behaving "normal" as we can see based on historical price action.
In the past, we have seen that any buy below the 200 day moving average has been well rewarded, however there is always that chance that this time is different, as with any trend.
Please see my related idea below on SPCE showing previous draw downs and gains from the 200 day moving average.
Also, please like this post if it helped you in any way - it'll encourage me to post more content.
SPCE - Time to go into Space!Hello everyone,
We have amazing news in regards to the news of Sir Richard Branson going on a flight to space.
I am would expect that the huge channel we have formed would break and the next target would be at least 70$ up to 100$ if the flight is successful.
Good luck to everyone!
SPCE: Time to buy now?Hello traders and investors! Let’s take a look at SPCE again! Is it finally interesting now? Well, we’ll see.
SPCE is still in a bear trend, and there’s not a single reversal sign around. We can assume SPCE is just bouncing back to its 21 ema, before it drops again.
However, I agree that the recent candlesticks are looking interesting, and it gets better if we look at the daily chart:
Despite the lack of bullish structure in the 1h chart, we have a good candlestick pattern here, which looks like a Bullish Engulfing , just above the support level made by the 61.8% Fibonacci’s Retracement.
The 50% retracement didn’t hold the price as I thought in my previous analysis, but the 61.8% is as good as any retracement. The volume is good too, and this could be a buy sign.
The problem: It is a very risky buy, as we have no solid bullish structure around, and just one candlestick pattern might be not enough. What’s more, the volatility is quite high, SPCE should decrease it a little bit more, and a sideways movement f or the next weeks is something we can imagine. Moments like this brings a lot of stress, as we see many erratic movements.
To sum up, if I had to do anything on SPCE, I would buy, as the Risk/Reward ratio favors long trades. Nevertheless, since I have option to stay out of this, I rather prefer to trade other stocks, outside of people’s radar, which are much more interesting than SPCE.
Remember to follow me to keep in touch with my daily updates, and support this idea if you liked it!
Thank you very much!
Virgin GalacticSunday, 18 July 2021
14:23 PM (WIB)
Very interesting and attractions to see Virgin Galactic Space Race demands.
Do you ever dreams to go to Outer Space to see the beautiful Earth from there?
I want to go there! Seeing Earth from Outer Space.
So, here is the way to go there.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
🟢 Added to $SPCE Target 46.68 for 32.54% (Risk Level - Med/high🟢 Added to $SPCE Target 46.68 for 32.54% (Risk Level - Med/high)
Or double position at 15.94
I added again today at 30.76
I rated this one Med/High because the next true support is down at 14.28
And there are also two gaps to fill, so if in doubt just wait and come in lower.
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
Numbers with an A are places that are a good idea to add if you can.
Numbers with a D are places where you should double your position.
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
SPCE Gains and Draw Downs from 200 DMASPCE has respected the 200 day moving average in the past very well and we're very near that mark today. SPCE did hit the 200 day moving average a couple days ago but that was in pre-market hours.
In this chart are the gains and draw downs from the 200 day moving average. Long terms investors may be looking to acquire shares at this level while shorts may be looking to exit.