SOCE to 32?Hit to a Tee
Haven’t gotten much follow up but the clear cup and handle formation worked just as planned
SPCE trade ideas
SPCE - LONG SPCE to the moon?
IF, SPCE respects this set up we will see plenty of long opportunities to follow. Looking for confirmation at break of 32.05 and wave continuation to 34.47, trimming positions at that level as we could see a corrective wave but it could also bust through resistance if momentum and price action is strong. If 34.47 is broken you can expect massive moves, especially with the fundamentals/hype behind this stock with long term targets set at 1.5(57.36)and 1.68(59.54) fib extension of 1st long-term impulse wave. 50/200d moving averages had a strong crossover. I also noticed price bounced off of Volume Point of Control indicating institutional accumulation at the current level.
Objections: Daily RSI is reading over-sold levels as well as tapering of the MACD histogram, these won't mean shit if a major resistance like 34.47 is broken. I would give about 60% conviction on this trade currently, 70% if we can break 32.05, 80% conviction if we break 34.47.
Virgin Galactic (SPCE) - A Textbook BubbleA hindsight educational comparison of SPCE to the widely used and referenced "Textbook Bubble" transportgeography.org
$SPCE $45>$23>$80>$60>$120The pitchfork on primary 1-2 and intermediate 1-2 line up exactly with this count, worth keeping an eye on.
VIRGIN GALACTIC is overdue for a BounceJust from a T.A. perspective.
Virgin Galactic looks due for a bounce:
-Resistance is now Support
-VPVR shows that these levels are for accumulating
SPCE 🚀 News - Breakout trade !!Hello Trader,
good mood and profitable trades !
SPCE Virgin Galactic Holdings, Inc
1D chart
Long
Falling Wedge breakout - bullback trade
Fib channels
MACD - bullish cross
Trigger - Waiting for bullback- or bullish confirmation on LTF 🎌
SL - if price falls back in falling wedge or under 0,618 retracement⛔
TP - falling wedge target,0.382 and 0.5 retracement 💰
FUNDAMENTAL : Virgin Galactic succeeds in manned space flight 🚀
www.nasdaq.com
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SPCE - Red pill or Blue pill Neo? 🔴🔵-Needs to keep the nose above the $26 to keep up with the bullish continuation!
-Looks very volatile.
-If fails to keep the nose up, potential drop to $11 may come.
SPCE is the Best Short Opportunity in Some TimeFull shooting start completely outside of the 2STDV Bollinger Band range after parabolic run up primarily based on hype and closed right below the 100DMA break point. No real support until at least around 25.
SPCE Virgin Galactic Gaps up again **Update to 5.11.2021**Just an update to the 5.11.2021 call I posted.
by iCantw84it
05.24.2021
SPCE long right on up to?getting familar with tradingview drawing so nothing to see here...
test launch happened ok
recently endorsed by a brokerage
coming up to options expiration this friday
covid is on the wane, book your vacation flight tickets
SPCE: Playing the GapsThis chart shows recent gaps with more than 20% in magnitude and what happened next within 1 to 3 months afterward. In average, we have seen about 65% upward movement in that time frame. One interesting fact is the decreasing timeline as the stock gains popularity. The first gap took 125 days, the second gap took 49 days, and the third gap took 22 days to max out their potential. Also, the percentage change also increase from 63 to 65 and 73 over time. So will latest gap on May 24th 2021 max out sooner than 1 month and will it go higher than +73%? We shall see if the history of SPCE breakaway gaps keep repeating themselves.
SPCE TO $32?SPCE has Finally closed above resistance on the daily timeframe . And with a STRONG bullish Hammer on the daily yesterday. We can expect a healthy pullback to the daily Support (that was ONCE resistance) and continue heading up with STRONG and Concise bullish sentiment.
Zoom out! SPCE has lots of room to go!Based on the current situation one could come to the conclusion that this chart is clearly headed towards 35 and 42 Dollar targets.
Good luck!
SPCE - strong reversalAfter the successful flight the downtrend is broken
We have here reversal from a strong level on volume + short squeeze
Virgin Galactic rocket ready for takeoff!As we can see, Virgin Galactic shares fell to $ 14.5, but over the weekend Virgin Galactic announced the successful launch of its rocket. The tests went very well. Thanks to the news, Virgin Galactic stocks went up. Barring bad news, stocks are guaranteed to rally, but real gains will follow after their first tourist flight.
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