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Spcelong

Who doesn't like space?Virgin Galactic NYSE:SPCE can be an interesting stock to buy soon. Caution should be advised because of potential hype that comes with this kind of stock (no revenue at this time). Technically, we see a detachment of the mode at $16.82 as of last week. This fires an uptrend that lasts well into Q1 of 2021. Interestingly, NYSE:SPCE is planning to send 4 employees into space in early 2021. You could open a small position right now and add in the buy zone, marked with the green zone. I would not risk more than 1% of your portfolio. Stoploss under the low of the mode at $14.21. To be complete, competitors are Blue Origin (by NASDAQ:AMZN ) and SpaceX (by NASDAQ:TSLA ). PS: Daily timeframe shows Buy zone has already been reached. A new daily mode projects price to reach $23.20 within 4 days.
NYSE:SPCELong
by CoffeeHero
1
$SPCE testing its breakout resistance, big test coming!!SPCE is coming down to test the the previous resistance of the breakout trendline. This is typical of breakouts, and if it bounces from this point, I'd say we are cleared for higher. If it gives up the range in the oval, this will turn into a failed breakout and SPCE could see much lower prices unfortunately. FWIW, SPCE moves with the indices pretty aggressively, so I'm going to say everything will be dependent on the markets for the next 48hrs.
NYSE:SPCELong
by TheGreatBatsby
1
SPCE 4 Hour Chart AnalysisIt seems as though when it comes to the MACD 4 Hour and SPCE SPCE seems to respect the first bull candle created in the MACD quite well Looking at previous bull runs for this stock, it seems to rise exponentially higher when the MACD 4 Hour bull candle is created Looking at the 4 Hour MACD right now it seems like we might create another bullish MACD candle on the 4 hour chart very very soon but first we might see a drop down to $12, as you can see on the hour chart it crossed resistance and bounce back but it crossed it might retest the $12 levels depending on where the market sentiment is, but the more important thing to look at is the creation of a green MACD cande that is the prime indicator for SPCE's direction and like i said a couple sentences back, its looking like its going to create another one soon and when it does, it, on average goes up anywhere between $7-$10/share the first bull run we saw an increase of about 100% or $20 when it ran up from $19 to $40 with the market being where its at now, i can easily see a run up of minimum $5-$7 after the green candle on the MACD is created there is also the sentiment that we are in a full out bull run, which, in case, we might even see a full run back to the $40 and possibly a break of those ATHs
NYSE:SPCELong
by mandujanotony31
SPCE LONG SET UP ON PULLBACKBUY 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 40.00 Virgin Galactic is one step closer to blastoff. The aerospace company's stock price surged as much as 19% on Friday to an all-time high of $28.23 per share, capping off five straight days of gains. Virgin Galactic announced on Thursday that it had relocated its SpaceShipTwo, named the VSS Unity, from Mojave, California, to its commercial headquarters at Spaceport America's Gateway to Space building in New Mexico. Moving the spacecraft is a milestone for Virgin Galactic, as the VSS Unity will eventually shuttle paying customers to space and back from the Spaceport America facility, the company said. At the beginning of 2020, it set a goal of sending its founder, Sir Richard Branson, into space this year, for this 70th birthday, CEO George Whitesides told CNBC. Virgin Galactic's stock has more than doubled so far in 2020, fueled in part by bullish ratings from Wall Street firms that recommended investors buy shares, citing the company's near-term monopoly on space travel and comparing it to Tesla. That hasn't stopped short-sellers from pouring $388 million into bets against Virgin Galactic, roughly 31% of the company's float, Bloomberg reported, citing data from the financial-analytics firm S3 Partners. Short-sellers are down $214 million in mark-to-market losses since November, including a $10 million loss on Friday's stock spike, according to the report. As of September 30, Virgin Galactic had a waitlist with more than 600 people from 60 countries signed up to take a space-tourism flight. Each ticket costs about $250,000, adding up to $80 million in collected deposits and $120 million in potential revenue, Virgin Galactic confirmed in its third-quarter earnings report. Virgin Galactic became the first publicly traded space-tourism stock on the market in October when it began trading under the ticker SPCE. Its main competitors are Blue Origin, owned by Jeff Bezos, and SpaceX, owned by Elon Musk. Markets Insider
NYSE:SPCELong
by MavRich_Trading