SPCE trade ideas
Clear example of Market ManipulationThis could be done by:
Algorithms
Hedge Funds
Individuals
Most Probable Scenario : Hedge Fund using Algorithmic trading
Trading value at the top of the channel is 11.1 million dollar in both case and happened in first 30 minutes of the market..!
Only a fool would not consider this as market manipulation!
Moshkelgosha
The rocket can now got till 36$After the successful start, a 36$ target can now be possible and starting a new uptrend for this year!
$SPCE Short Squeeze (Technical Analysis Breakdown)$SPCE Short Squeeze rumors after the successful launch for Virgin Galactic
VIRGIN GALACTIC-SPACE TOURISMThe spaceflight company is developing commercial spacecraft and aims to provide suborbital spaceflights to space tourists. With their successful flight on 22-05-2021, we should see rise in the stock price as demand for space tourism accumulates.
$SPCE Virgin Galactic - Traded Near Support, Reclaimed Line A_B$SPCE Virgin Galactic 🚀 - traded down to test horizontal support before seeing some buying interest. Up 18% in in pre-market, following it's +14% jump last week Thursday. Line A_B reclaimed.
Original idea flagged on socials 04-may.
Daily chart looks extremely bullishStrong pre-market after the news.
I colored the next resistances.
Lot of people going to FOMO, I would stay away for a while and wait for a backtest.
SPCEGood news helps but things look good here. I grabbed June calls a week ago or so. Looking for a good week...
SPCE: Attention, this is BIG!Mission accomplished! VG finally made their first flight into the space and back on earth, successfully.
Back in January 2021, SPCE went up almost 170% with just the rumor of this flight.
Let's see how high it goes now!
Target: $50
SPCE Virgin Galactic Broken down 7 different ways no indicators You don't need fancy indicators, algos, AI, Bobs approval from down the street, or even that one kid who made 100k and lost it all on WKHS meme stocks, (because he doesn't know how to trade) to tell you what's going on. You don't need news or to find a lucky penny, you can even let the rabbits keep their feet. I broke this down into 7 different ways you can look at this chart. I am not even using the indicatiors I have on there.
1-3 is a break down of trend lines and how price follows breaks and comes back to an area to give you Three ways you can find a way into this stock.
(3. being the safest place to enter any trade)
4. Is using an old trend line and identifying exactly where we are today on that trend and what was the result. Does it respect the Trendline? Does it ignore it?
5. Is taking price actions new angle being formed after it has come back down to its old trendline. Drawing a upward trendline to predict the high on any given day and what to anticipate from it moving forward.
6-7. is a break down of Wyckoff methodology accompanied with the Curves Stages (My own personal brain child) paired together to give a reference as to where Institutional buying is present.
Also take note that this is done a Daily Chart which will result in better movements into the directions you are wanting to follow this into. You can do this on a 15 min chart but it will result in smaller moves.
High Volume in Bottom + Bull Gap = short term bullThe Market always knows everything earlier than you.
$SPCE Breakout but Needs to Confirm FirstSPCE looks like it broke out of its descending wedge by a $2.50 gap. I will wait for confirmation (at least three candles above the close of the gap or for it to come back down to $17 then bounce back up) before I enter. It was a high volume breakout day but would've been a stronger buy signal if it was a green day.
SPCE a great engulfing candleThe opportunity to average between 14 and 17 was perfectly and swiftly hit. Now its technically and fundamentally aligned for another pump. Im thinking up to 30 on pure speculation and if the test flight actually goes trough up to 50.
SPCE descending triangle formingThese are typically bullish patterns but fundamentally, I don't see any near term catalysts to drive the price higher, albeit I don't know much about the company.
SPCE going into Re-Accumulation- how to identifyThis is reaccumulation on spce and will continue going up. buckle up moon shot lets GO!
by iCant84it
05.20.2021
SPCE Bullish SharkTargets are 39 and 62.5
There is also bullish divergence on the daily and 4 hour RSI and MACD
$SPCE Buy the dip opportunity$SPCE has formed a head and shoulders pattern which is a bearish sign. The stock has been declining since mid February and formed a head and shoulder pattern and confirmed downward breakout during mid April dropping below the neckline price of $24 per share. The stock has declined more than 37% during the last 30 day period and is trading around strong resistance line and 52 week lows. Average decline in head and shoulder pattern is 20-25% and average change after the trend ends is around 50%.
I think this is a good buy the dip opportunity!
I entered the trade at $14.25 (pre market).
My price target is $24.5 during next 45-60 days, can set a stop loss around $13. This is a good risk reward opportunity!
Good luck and trade smart! (not a financial advice)
TrendyTrades: SPCE Day Trade Wait for a pull back to a 1HR DEMAND, expect a bounce and PT at supply. NYSE:SPCE
Added $SPCE Target 39.80 for 37.08% $SPCE Target 39.80 for 37.08%
Or next add level is at 14.65
Added at 14.22... This market is kicking my ass, y'all. Looks like every time frame is looking to be run down before we reverse. I'm sticking to the strategy in the mean time... it has never failed me... GL
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
