SpceI scooped a few long holds at the 51.53 .236 level. The daily rsi looks like it has a little bounce. I would expect a run back to the 63$ level but a failed hold at 51.53 could bring us back to 44 level. I would love to averge down around there but I think we might run back. If we manage to break 63 with volume that’s a great long trade into blue sky areas This is just basic fib retracement levels
SPCE trade ideas
SPCE just entered a new SPACE Closing above 37.35 will change the game for SPCE , and it could go up to 60-70 in few months..!
I made the call on this when it was 18 in November and the second call 10 days ago when it was 32, 12 days ago.
Don’t forget to join my telegram channel, it will be free for the first 1000 members!!!
For the address check my status on my profile!
[SPCE] Next Candle Better Be Good or Bye Bye...Hammer candle alert... testing right below some nice fractals.
Tomorrow's candle should bring clarity to the direction we'll take next, I'm leaning short here though.
If we break under these fractals we'll likely land on orange around $40 briefly before the next takeoff (We're not likely to get much under $37 from here).
Not expecting much from earnings either way but keep an eye for any surprise.
Trading could be fun and profitable if you have Strategy..!Review on my SPCE analysis
1st- LONG: Nov 3, 2020, price: 18.45
2nd- LONG: Jan 14, 2021, price: 32.76
3rd- LONG: Jan 26, 2021, price: 42.44
Price soared to 62.8 on 62.80
4th- Short: Feb 17, 2021, price 50.36
IMO: SPCE is not a buy in short term unless closes above 62USD.
Educational point:
1-You need strategy to enter a trade, maximize your profit, protect your profits, and getting out at the right time!
2-Remember only liars enter at the lowest price and gets out at the highest price..!
3-Always trade based on evidence.
Moshkelgosha
Fly Me to The MoonThen Spring on Jupiter or Mars... Okay... but seriously, this is a beautiful setup if the market is green on Tuesday. Nice coiling after a big advance. Loving the increasing volume. Everyone seems to have space travel on their minds these days. Seems like a sound investment for the breakout at least. Target $71-73. Looking to go long in the AM Tuesday, depending on how things look.
hot $SPCE test flight and stock prediction.Despite volatility, the stock is steadily rising and will probably reach 100$ by late March or April.
And if Ark launches the new Space ETF, it is no doubt it will include a portion of VG, which means this stock is going to touch the outter space.
Stong Buy.
SPCE triangle heaven and we had a sneak peakSPCE pulled back to it's major trend line this morning after a brief tease of what will happen soon. Keep you seat belts bucked and hang on. I love cult stocks!! Although I know in the event of a launch of this stock price we will come back to reality or at least in the 30's-40's until the next round begins. GL! :)