Bullish Divergence on the RSI found for Virgin Galactic!Divergences form a staple of a trader or investors arsenal and here we can clearly see that on SPCE we have lower low price action forming while higher lows are observed on the RSI signifying a potential bullish reversal. Makes sense in terms of fundamentals too since you can't scroll instagram without seeing an ad for Virgin Galactic. Come on Rich! Haven't heard much on the news about you, it's all Elon and Bezos but nothing about good ol Buddy Branson! Show us what you got mate!
SPCE trade ideas
SPCE some drawings on a chartOur first immediate target is the gap at 12 bucks. Form there we are probably going to dip sub 10 again so everybody can say this is a useless company again and t words the end of the year break to 20 bucks. From there depending if the flights are actually going to happen we are either going to have a huge pump or huge dump. Easy 40 dollars next year if the flights actually start happening.
SPCE great potential for the next 10 monthsThis stock is one of the most volatile stocks on the US market. With the recent developments and the upcoming test flights its very realistic to anticipate a pump between 20 and 30 bucks this year. Im choosing 20 and 30 just because we have 2 unfilled gaps on the daily chart there. You have to be very careful with the price you pay with a stock like that because as we've seen it can fall 90% when the market turns pessimistic. I think sub 10 bucks is not a bad entry price for this potential.
SPCE get on the VG train The risk/ reward profile of this company is mind blowing. The company is trying to capture a new market in an industry that is very difficult to create competition in. If they manage to scale this business it could turn out to be a monopoly and open a door for all kinds of new ways to make money. The only thing is that it is risky and it will take a lot of time, aka a ship full of clients could blow up and the stock could flash crash, but i think you always have to be optimistic in the stock market. The naysayers might make their 50% in shorting the stock, but they will never do the 100x on the upside. So if you have some money to spare for the next 10 years and are a glass half full type of guy this is a great investment. I have my 1000 shares accumulated in at a price that i would never believed 6 months ago that the market would give me and now i will look at this one at every quarterly report to see the progress made.
Virgin galactic UpThere is a stock of SPCE on historical lowest prices and interest of big investors into buy orders is almost zero. Most of people are out of market and some of them are in sell positions.
Price started a rotation and everything looks perfect for the next growth.
I personally think it would be start of a new bullmarket into high prices and maybe for the new higher historical price of SPCE probably in 2023 which is not confirmed yet so im taking this 1:1 long trade.
Wish you lot of success!
$SPCE - stratosphere maybeThis little piggy wants up , stoch cross and close above 8 ema on D1
everything looks good tbh
always a Silver lining of bear markets assuming you've still got gun powder to deploy
a 10% move for corn at 70K WAS 7K
now its 1900
flip side if you're leveraged and think you've caught the bottom just be prepped for a further 50% downside for the final capitulation wick
tried catching bottom's not worth the stress though exciting AF sort of a catch 22 so manage your risk wisely folks !!
Strong Downtrend for Virgin GalacticAnalysis of the Price Action indicates a strong downtrend for SPCE.
My mid term target is 3.6 from its current price of above 6. It has established a new ceiling as indicated in the analysis.
Currently I will take a short position on SPCE.
For more analysis, or requests regarding any specific tickers, get in touch.
SPCE/SQ - Square "Space" For those investors new to Virgin Galactic and Square, I want to introduce some key background trends affiliated with all things innovative with flying to outer space and using a mobile wallet.
Virgin Galactic went to space successfully with 7 astronaut types including their own well trained pilots, some of which are superceded by NASA's own program, left NASA to conglomerate with Disney and Virgin. Not only is Virgin Galactic a short for me, as far as new industry, competition from commodities, entertainment backed media, it's a long after this small cap becomes a major billionaire player.
Trips to space are starting at 250,000$ 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.
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.
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.
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.
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.
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.