$SPCE Long, double returns from now.We are approaching lowest level YTD ~$17.30.
Expected to bounce to resistance ~$22 in the short term (profits) .
Fall back again before good take off, probably after some "on track for Q4 2022 space travel" news.
One year best target could be $36 which is double from now .
I would then expect some delays for space travel in 2023 , because it's just too hard to be on time. Price would suffer slightly from that before rocketing to what could be a n easy $20 billion market cap business (x10 from now) .
Not a trading advice, let me know if that sounds a plausible scenario.