Very clean and setting up for a moveFollow me for clean charts. if we can get above this blue line be on the lookout for this to take off to the 50 area. SUPER CLEAN blue line is trigger
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SPCE trade ideas
SPCE - Cup With Handle (Etoro Portfolio)Weekly price started uptrend cross above MA30.
It has forming a cup with handle pattern (handle below the line), price is just breakout.
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Breakout of Symmetric Triangle on SPCEVirgin Galactic has broken out of a very large symmetric triangle on the daily and back tested it, which I almost missed. Based on the measured move of the break out, we could expect it to reach the 88.6 retrace, but just in case, we'll have profit taking levels at other fib lines. This one could take a while to play out.
SPCE sure looks like a big ole cup & handleSPCE sure looks like a big ole cup & handle. I just picked up 1/22 expiry $31-32 strangle. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...
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[SPCE] BLAST OFF! Coming Back for Another Landing ThoughIt's not even fair, my SPCE fractals just hit on point every time lol.
Literally bouncing exactly between my purple downtrend and green uptrend lines back and forth for months B).
I rebought the entire 50% stake I sold off at ~33 from last spike at ~25, didn't sell this time though. Would have been nice to catch that peak today, just hard to nail the timing and know the momentum but based on the downchannel catching Price and holding it strong I'm expeting reversion and another buy opp before we get back to the top green line.
Decent chance it breaks through and holds but I think this is just temporary ARKK Space ETF FOMO.
$SPCE needs to refuel before the moon mission. Short scalp.SPCE ran up on exuberance on the mention of ARKX and was rejected at the double top. It needs to cool off and refuel. Gap fill likely, short with tight stop loss.
Markets look troubling for coming week.
PT: 27.6, 25
Buy order: 21
Bullish long-term.
ABC BullishPossible stop below 22.87 or under last pivot low..
Price came down for a gap fill..so support there as it did not go much lower..support also at 29.45ish and stong support at 27.50ish
AB leg = 18.72..
Good idea to Do your research/not a recommendation
NV peaked at 9-10 dollars and is now flat/OBV is high/short interest is high...