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.
UFO
Virgin Galatic long or shortVirgin Galatic has been making its name recently, yet should you be buying or selling? The honest answer nobody knows, yet we can try to get pretty dam close to where its gonna go. Almost everyone knows that this company is gonna be losing money in the short term and mid long term, yet is priced in? I say it's not and its EPS will be corolated with the SP500 with the ETF UFO being connected to SPCE price movement till the reevaluate their portfolio.
For a discloser I sold my SPCE at 27.80 after buying at 11.30, yet I been playing it has a caution from being from the Crypto markets. I'm not saying I'm a bear cause I sold early, but I just want to see confirmation and strength in the graph before reentering with its atl being the $7 range
I would go short with it 19.06 being a last resort hold for the bulls and 25.25 being just above a 60% correction in the micro bubble of SPCE. I put 27.99 give or take as we may have a bounce unless we blow through it. The MACD is bearish with the RSI neutrual, which could have a short squeeze yet looks very dependent on what the EPS is gonna say. A trading range of 38.72 has the high, yet the low hasn't been fully formed just yet but could say at current price could be the bottom of the current trading range, yet the volume has been rougly 100million shares traded daily.
I would be short with no option call just shave off profits and WSB is already moving on from SPCE, yet shouldn't really take financial advise from them since with the amount of traders there could only move the market all together is .01% thats if everyone got behind a stock.
darvas box breakout on UFO?I like this play as a long term hold and seems to have broken the 27.00 range. Looks like a darvas box breakout on low volume. I would expect a retest of 27.00 as a cool off of the current run, then moving higher again. slightly overbought, but i wouldn't expect it to make a full correction. 27.00 has now become strong support. I would enter at 27.00 and set a 1% SL.
STOCH RSI and RSI are overbought
At top of bollinger band levels
Darvas box breakout in play
PROCURE ETF TRUST II SPACE ETF CBOE - DAILYPROCURE ETF TRUST II SPACE ETF CBOE
DAILY
Range 27 - 24
mean 25.48
Mean price appears to have held support at 25.48
MFI and MACD support continuation to test top of range 27
portfolio includes a mix of mostly high tech and communication services
LONG TERM - LONG
UFO revelations could rock the world's financial markets. This is under the category of 'Beyond Technical Analysis'. It is about systematic risk i.e. something previously unrecognised that causes major upset in markets. What's *UFOs* got to do with this? Just about everything.
Your world has been built on a sense of security that we are alone in the universe. People's religious beliefs, their sense of who is in power and so on has depended on that for the last few hundred years.
Now as World *UFO* day - 2nd July 2018 - approaches there is emerging evidence that *UFOs* are real. I do not say that everybody will suddenly change their belief systems overnight. What a lot of people do is, avoid or ignore hard evidence - especially the kind that causes them anxiety. But some people in a minority are different - they are swayed by evidence.
What does it mean if *UFOs* are real - and no longer a joke. For starters it means that there is a power greater than governments and financial institutions. That is then likely to cause fear and uncertainty in the minds of some. What if the *UFO* people decide to take control - for example - is a thought that will cross the minds of some.
Read around and see how secret files due to be released from the National Archives were withheld.
Further references:
See this article: Are we alone? Scientists revisit the question of aliens before National UFO Day
And
Secret dossier reveals British spies spent half a century trying to catch a UFO so they could use its alien technology to build SUPERWEAPONS
Dr David Clarke's guide - 15 pages cross-referenced to the National Archives.
There's something going on out there and they don't want you to know about it.