SPCE - Time for the MoonConvergence and a bullish wedge on the weekly timeframe seem to hint at a reversal. A volume profile at $9 would magnetize price into the rebound of the wedge as well. Higher into the $12-13 area, the price hike could be seen as a positive reversal of the entire market. Longby SparrowTradersDiary4
Strong Downtrend for Virgin GalacticAnalysis of the Price Action indicates a strong downtrend for SPCE. My mid term target is 3.6 from its current price of above 6. It has established a new ceiling as indicated in the analysis. Currently I will take a short position on SPCE. For more analysis, or requests regarding any specific tickers, get in touch.Shortby The_Rational_Investor0
SPCE/SQ - Square "Space" For those investors new to Virgin Galactic and Square, I want to introduce some key background trends affiliated with all things innovative with flying to outer space and using a mobile wallet. Virgin Galactic went to space successfully with 7 astronaut types including their own well trained pilots, some of which are superceded by NASA's own program, left NASA to conglomerate with Disney and Virgin. Not only is Virgin Galactic a short for me, as far as new industry, competition from commodities, entertainment backed media, it's a long after this small cap becomes a major billionaire player. Trips to space are starting at 250,000$ USD and we're averaging $400,000 there for a short while. This is a philanthropist space flight to low Earth orbit, and the central focus is to cheaply, more affordably generate human passage, as well as, cargo passage to space or via low Earth orbit to other parts of the world not just the Milky Way. Virgin has a central focus on 2 hr flights from California coast to Bejing. The same focus from New York to Central America. A fast plane is the entirety of the plan. The obvious is slowing down progression, renewal of fuels, war time efforts, choppy handed CEOs (I think they were forced to resign), once they got Facebook out of the picture and NASA and Disney stepped in to make it a literal roller coaster ride. SPCE a Short because, this will make money now and most likely there will be small profit taking through out SPCE's climb to MARS. As far as technical analysis is concerned SPCE earned a A+ for growth, and their financials are reliant on many aspects related retail, government, private sector, and commodity driven speculation. Going to be a bumpy ride for awhile. I think this is neat and super cool and interesting. SQ isn't going to space as far as I'm concerned or know of but this fintec company has a lot going in it's own direction, the crypto wallet craze CASH App is available for multiple platform use, a on the go Bitcoin wallet, and exchange wallet for majors like BLOCK and SPCE. Yes, you can buy and sell shares of Square and Virgin along with your Bitcoins. BLOCKS central focus is software based BNPL aquisitions, ways to improve moving currency with a long way to go indeed. A reminder that BLOCK fell against the tradewinds because of a rumor that Jack Dorsey ( Blockhead not CEO) left Twitter and wanted to nestle and nest down on currency exchange and banking and music streaming, and bitcoins oh, and Sqaure. Basically, it's like a banking software company that can't help you bank your marijuana profit necessarily until now! Square is a software package versitile on Android but specifically Apple products and the company really pushes the use of apple products for store locations for their retail end users, regardless of purchases made at retail locations, like the brick and mortor clients and customers can order online using whatever devices they like. Largely there is a lot of upside potential, seeing that the money is a big, fat, chunk, billionaires wallet type of trade, I'm going long with Dorsey for the few reasons: A) the rule of large numbers, the more volume and more money will create some volitility, but will slow down reversals and create longer trading patterns especially, since this is tech stock and technology always has a lot of players. B) This is a very new company as well, plenty of room for interesting growth and opportunities especially if BLOCK and even SPCE get a better grip on their financials. The whole Bitcoin thing is still scary. Regardless of scary Bitcoins, Cash App is still something we can use cash with. Yes, you can deposit cash without a bank teller by using Cash Apps gps guide to deposit locations. The local listings include : near by gas stations, ( Speedway, Casey's ECT) Dollar General, Walgreens, Family Dollar, Seven Eleven. This is a super neat thing and the money is available instantly! If you need to deposit into your bank account that takes two days. And this is a Cash Mobile app with Visa debit card so you control what value to add to the card at all times, as well as peer to peer cash exchanges. There is even direct deposit and tax filing involved. The entire idea is to introduce consumer small business to the layman and maybe just some regular cute stuff as well. I think it's cute. And even though I blew my lid at their 2$ on top of my 3$ ATM fees (5$ total at ATM) I'm not ready to put it down. I'm able to avoid a banking scam better because my account is separated by 3degress of Jack Dorsey. Don't make me regret it. by m3ggriff1212224
Feeling spaced out? Virgin Galactic Holdings Short Term - We look to Sell at 7.56 (stop at 8.42) Preferred trade is to sell into rallies. Broken out of the channel formation to the downside. We have a 38.2% Fibonacci pullback level of 7.47 from 11.25 to 5.14. Our overall sentiment remains bearish looking for lower levels. Previous resistance located at 7.50. Our profit targets will be 5.19 and 4.18 Resistance: 7.50 / 9.00 / 11.00 Support: 5.00 / 4.00 / 3.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Shortby Saxo2
SPCE: Ready to go (down) Virgin Galactic Holdings Short Term - We look to Sell at 7.33 (stop at 8.19) Preferred trade is to sell into rallies. Broken out of the channel formation to the downside. Mixed and choppy price action resulted in the early move lower being sustained and prices closing lower. Our overall sentiment remains bearish looking for lower levels. Our profit targets will be 5.27 and 4.18 Resistance: 7.00 / 9.00 / 11.00 Support: 5.00 / 4.00 / 3.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Shortby Saxo6
Virgin Galactic (NYSE: $SPCE) Just $6 Per Share w/ ATH @ $62! 🚀Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc.Longby DEXWireNews3310
SPCE is it ready to fly to the stars?Virgin Galactic has developed an ABC downside corrective pattern. Now it seem to have ended wave 1 and 2 to the upside. Is it ready to fly to the stars? www.youtube.comLongby ulrichniederhausser110
Bottom FormingNice entry here in the $7's , News coming out recently. Could see a good bounce, maybe to $15Longby lillybear0
SPCE - just an ideaI guess its forming a megaphone pattern. I will buy at $6 and hold for long term. good luck to all. not investment advice!Longby Wudor224
Long | SPCE NYSE:SPCE Possible Scenario: Long Evidence: Price Action, Money Flow, Oversold RSI TP1: 9.15$ TP2: 10$ Call options Strike 10$, 4th Feb This is my idea and could be wrong 100%.Longby shksprUpdated 111
SPCE i really like the prospects of this businessIf they don't go bankrupt before they become profitable i think this company has the potential to have an extremely favorable long term moat. First of all they have Virgins brand, knowledge and connections behind it, second this business is extremely capital/ talent intensive which within it self protects it from competition. Another plus is that only a persons imagination can limit this company about all the ways it can generate revenue in the future with its spaceships. They control prices of the tickets they sell, the price could be 200k it could be 500k, whatever they want it to be. Most of all they are entering a new untapped market. I mean i really love this one. If it gets to the scaling part this stock can be 100x from here in 10 years. Wall street is really silly by shorting this one.by BGMind_Control334
SPCE SHORT BOUNCESHORT & BOUNCE clear imbalance // loose POC // clear last imbalance // clear GAP // if gap not found as support and not bounced can go to weekly and daily level to get last sell side liquidity before bounce, or can bounce right at the gap. Have a bless day.by MRK_CAPITAL0
SPCE Long Idea CLER IMBALANCE // CHALLENGE POC // TAKE OUT SELL LIQUIDITY // SFP upside to cover gap and target buy liquidity at ~12.5 near term target 12.5Longby MRK_CAPITAL113
SPCE - Space tour coming, pump coming soon?Watching out for SPCE, news driven pump may come soon. My entry point would be at 25 EMA point, watch for volume at least 60 million. The day volume pass 60 million, next day pump. Banker chips has finish capitalise, waiting for next pump to come. Green line is resistance while blue lines are support.Longby reds1976112
SPCE - Early musingsIF, BIG IIIFFF, gets rejected here on middle BB, possibly tests recent low. That'd be really bullish case for a real relief rally. But then I am just musing. Time will tell...2 more days for 3D candle close. I tried to go long, but got stopped out for a small gain...didn't like how it acted yesterday. will revisit when I see strong price action. by CheelooTrader1
SPCE Ready to Go? Virgin Galactic Holdings Short Term - We look to Buy at 10.11 (stop at 9.18) Broken out of the channel formation to the upside. Trading volume is increasing. Dip buying offers good risk/reward. Previous resistance, now becomes support at 10.00. Our profit targets will be 14.31 and 16.41 Resistance: 14.00 / 17.00 / 20.00 Support: 10.00 / 7.00 / 5.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Longby Saxo6
SpceFollowing the previous update and expectations for 50 fibo with 17, now greedy thoughts says what if pass 14.27 and how it will act above this number from volatility prospectiv,, greedy thoughts.Longby Faisal20200
SPCE - Liftoff soon?Another short squeeze candidate that is primed for a take off. Above 10.95, watch for gap to filled and press higher. Disclosure: long at 9.74Longby CheelooTrader110
SPCE,ready to pumpHi every one. Spce has broken its long term downtrend channel. if weekly candel closed above 11.21$, it will probably be pumped up to 14$ in just a few days .the next target is 19.5$ (0.5 fibonacci level).in case of pullback to channel(9.15$) i will add many shares. Longby hossein_malekzadeh116
I made some pretty wild assumptions on SPCEI've been looking at this company and I've been trying to justify a positive valuation in the future. The only way that you can make sense of investing in this company is if you stretch your assumptions not for 5 but for 10 years from now. The biggest factor that will contribute to making that company profitable and scalable is the DELTA class that is suppose to be completed in 2025/ 2026. In the earnings call they said that they are projecting to be profitable in 2026 and they are working to create a system where they can build up to 6 delta ships per year efficiently. So in my Discount model calculations I've used the current ship classes up to year 4 and basically they are losing money for the next 4 years as they are trying to reduce the cash burn. From the 5th year to the 10th year I'm assuming that they will add 3 Delta ships per year to their fleet. After all the calculations that i conjured my intrinsic value comes to 46 dollars per share if they don't do a stock dilution, "they probably will to float the company till profitability". I'm assuming that I'm going to be half wrong with my assumptions and the intrinsic value for the next 10 years comes up to 23 bucks. The current price is 9 dollars per share. That is still 61% undervalued from my 23 dollar projections. So I think its a good buy from here. At least for the next couple of years. If they run out of money that is a different story.Longby BGMind_ControlUpdated 1818234
SPCE an easy 3x from hereI think not only that it is possible to 3x this year from here. I think that it is probable. No one likes the stock right now and 25% of the free float is being shorted right now. This is a recipe for a sort squeeze or short covering. If it goes lower in the mean while just add more.Longby BGMind_Control11