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SPCE trade ideas

SPCE, strong in a weak market We have seen another weak market day. SPCE broke a few support lines and boxed, just like everything else in the high-tech market, with a difference that SPCE was not over-extended from last year anyways. It was strong today online most Tech tickers. There are immediate supports of 25 and 20 and then a very strong one around 15-19. Unless some big market crashes happen, I do not think we gonna see those levels. If the market gets a bit stable, you can easily long this with a price target of 30-40 in short term and 60+ by the end of the year.
NYSE:SPCELong
by AlphaTradingAcademy
1
Virgin Galactic - SPCE - Chamath concede that Elon is the GOAT ?Virgin Galactic - SPCE - Does Chamath concede that Elon is the GOAT tech travel? Ever since SpaceX announced an all-civilian flight, Chamath has been 'Adjusting his liquidity profile' and selling his interest in Virgin Galactic. Virgin Galactic has been working toward civilian space flight but SpaceX is poised to do this with ease. SpaceX has already successfully completed NASA missions and Starlink launches. Seems like Virgin Galactic has been beaten at their own game. Can Virgin Galactic recover and compete? Well Chamath may not think so at this point? If SpaceX or Starlink go public(or private offering) I am sure many investors would want to have some 'dry powder' to take advantage of such a situation. Just food for thought - Not Financial Advice.
NYSE:SPCE
by PortfolioBuildersClub
2
It could be the bottom for the entire marketJumia, 3D Systems, Fubo, Skillz, Virgin Galactic, Plug Power, Nio, Jinko Solar, Xpeng, Li Auto, Momo, Pinterest, Beyond Meat, Peloton, Tesla, Square, etc. Some of them have lost more than 50 percent since the peak of February. It seems they all touched the bottom this morning. Notice how they move in unison despite belonging to different sectors, the same could happen in the recovery. NYSE:JMIA NYSE:DDD NYSE:FUBO NYSE:SKLZ NYSE:SPCE NASDAQ:PLUG NYSE:NIO NYSE:JKS NYSE:XPEV NASDAQ:LI NASDAQ:MOMO BMV:PINS NASDAQ:BYND NASDAQ:PTON NASDAQ:TSLA NYSE:SQ
NYSE:SPCE
by amateur_trad3r
SPCE Long- Catching the Falling KnifeSPCE has gotten destroyed after the announcement that their first test flight is to be pushed back until May. Despite this massive downturn I want to buy the dip and hold through April and maybe May. One of the imminent risks with any aircraft stock is the potential of failure. This would likely cause even more selling of the stock. In part this is why I like the swing trade to April. It will give time for the market as a whole to recover as well as the individual stock. My target for this stock is $43.98 by April 20th.
NYSE:SPCELong
by crawfordpaul
4
SPCE up and downs before next test flight - LongI've been looking at the historical data for SPCE around test flight windows and It history was to repeat itself we could have similar hype and spikes leading up to and after the test fight (providing it's successful) When the test flight failed it fell 30% and stayed around the $24 price before then rocketing up 137% to $62 Since the news of the test flight being postponed it’s already dropped 33% to around $34 I can see it bouncing around the $32-34 price for around a month and then I can see it going up when the test flight window gets closer. Then I can see test flight build up taking us to around $52 and if successful I think it should push to $90!
NYSE:SPCELong
by jwakeling23