8/30 SPCEquit update on SPCE
it broke out the downtrend on Friday, if momentum enters next week, may consider a swing option play
SPCE trade ideas
Spce23.96 entry 23.75 stoploss. Could be worth an entry here if we double bottom on this support. Just an idea… will be setting buy orders. However losing 23.96 could turn out pretty badly
UPTREND PACE FOR SPCEI'm expecting SPCE going to continue its uptrend pace as its already touching its supports at 24.50.
SPCE wait 15 and long up to 44 SPCE is not overbought enough yet for long, but the volumes have already fallen very much.
I am waiting for a strong fall to buy for three or four months.
I want to believe that it will be so.
SPCE- update virgin galacticseems like we are seeing higher lows forming, i have accumulated calls from previous resistance which was $32. I believe this resistance will soon turn into support seeing that CEO and other executives have cashed out. This brings a good buying opportunity for those who are playing option calls. As im sure people are happy to pick up cheap contracts.
Indicators looking positiveCould this be the support and the opportunity to break the downfall? Otherwise it's down to 17. Indicators on the daily looking opportunistic. Will wait and see.
In any case, lots of opportunity long-term for this company.
Not advice... Share your thoughts!
$SPCE With short covering to $35 , closing the gap also #virginSPCE’s revenues increased 139.9% year-over-year to $0.57 million in the six months ended June 30. Its gross profit grew 681.5% from its year-ago value to $0.51 million. Its cash and cash equivalents rose 51.3% year-over-year to $564.66 million.
Analysts expect SPCE’s revenues to increase 831.8% year-over-year to $2.22 million in the fiscal period ending December 31, 2021. In addition, the company’s revenue and EPS are expected to increase 790% and 35%, respectively, in the following year, versus the current year. Over the past year, SPCE has gained 38.3% in price to close yesterday’s trading session at $24.25.
Among 11 Wall Street analysts that rated SPCE, three rated it Buy while six rated it Hold and two rated it Sell. The $38.44 median price target indicates a 58.5% potential upside from its last closing price. The 12-month price targets range from a low of $25.00 to a high of $51.00.
TrendyTrades: SPCE Going Up!SPCE is back in a Supply Turned Demand and closing nicely above fib level. Always looks for some sort of confirmation when taking these trade ideas.
SPCE Potential Fill Gap then Bounce?SPCE short term trade
It could be filled a gap of around $21.6
Soft target $35 (around 60% gain) in short term
-----------------------------------------------
This is not financial advice. I'm not a Financial Advisor.
Trading is a high risk, do your own DD.
Let me know what you think
Cheers, I would share all my thought next time.
PEACE.
Where this crazy rabbit will jump next?Spce bounced from 100 ema on 5 year chart. If it will drop, the nereast support zone is 0.786 fibonacci level (18.86$).
I think a little further downVirgin has a tendency to stay low on the stoch RSI even after and already big pullback. Could be some more room left downward before an opportunity to buy in again.
The bottom trend line in the chart is the main trend line. So if it goes down further that'll be either support or new resistance. Not likely it'll become a resistance. Cause for worry otherwise...
SPCE - SHORT SELL ONLY HEREHey friends!
Big respect to Sir Richard Branson, but unfortunately only short sell for those suborbital flights company.
Fundamenal
1.Thats not spaceflight (low altitude)
2.Besos project
3.Follow on public offering
4.Lack of stable sources of profit
Time to Buy #SPCE - Ready to Go UpHello Traders,
It's time for this stock to go up, if everything goes well, i expect a short term up at list (if Sir Richard Branson dont use his ATM) (it could go down after, max between 18$ and 20$).
Flight will not start before 2022 but, sales started at a higher price and a test flight (paid) is expected in late september.
- Virgin Galactic reopened ticket sales with prices beginning at $450,000 per seat (before it was 200 000$).
- The space company now targets late September 2021 for the mission called Unity 23 - company’s fifth crewed test flight to the edge of space.
NYSE:SPCE
Jump into the Rocket or Stay on the Ground !
This is a long Term opportunity for the only and the cheapest (near) space travel.
VIRGIN GALACTIC: Buying opportunityVirgin Galactic has had a few bearish weeks but now looks about to enter a pretty good buying opportunity area.
The 25 to 14 range seems like a great spot for accumulation and the last swing low at 14.53 was bought back with quite some strength.
The private space race does not look like it's going away any time soon, and any major victory by Branson could mean some quick pumps.
Entry SPCE@ $25 Target @$2,500 Jul 6, 2026Virgina Galactic, Inc
Entry SPCE@ $25 Target @$2,500 July 6, 2026 Long Term
Entry SPCE@ $22 Target @ $600 Jan 6, 2025 Mid Term
Entry SPCE@ $21 Target @$250 Jan 1, 2024 Short Term
Technical Analysis Conditions:
1. Break-out of Channel $60
2. Pull-back toward $14
3. Ideal Entry $15 to $25
4. Target @ $250 to $2,500 Range
Fundamental Asset Descriptions:
Space Exploration
BECOME AN ASTRONAUT
This year, we’ll be making a limited number of tickets available
for future spaceflights. Take the leap with us as we get
one step closer to filling the world with astronauts.
Company Website: www.virgingalactic.com
8/16 SPCE(1) load more shares on Friday
(2) it would be a long-term play, patience would get paid in years
my pt 75 ,as SPCE are flying passengers into spaceby early 2022 which is from 1st of jan to March 2022 easy time frame prediction as virgin galactic makes strong moves in FEB.
pt : 75+
Space Stil holding support strong. Needs to get back above 28.50 with candle bodies closed above but first MACd 1hour buy signal
SPCE Virgin galactics - trades in both directionsAssuming ABC correction ongoing
A would finish around the first gap --> go long @ 21,74
then B wave developing --> sell at the top (when to check later)
let C develop --> go long at the second gap 17,27
could be a kind of plan ;-)
SPCE Harmonics: Let's Ride!The long-term reversal zone appears to be within the 19.79-16.79 range. I noticed this deep crab harmonic on the daily/weekly/monthly, and I thought you guys would be interested. There will be significant resistance at the 1.272 extension. I have included it so you know where a nice place would be to trim before rebuying and flying into space at the 1.618 extension. Good luck, god speed, and let's make that money!
TrendyTrades: SPCE AnalysisLooks like price has 1.6 points more to the downside to .786 fib level (24.15). Watch for price action and reaction.
