High Volume in Bottom + Bull Gap = short term bullThe Market always knows everything earlier than you.
1SPCE trade ideas
$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.
poosible good buy opportunity for SPCEThere might be a good buying opportunity presented here for SPCE. There is a slight bullish divergence that is signaling a potential reversal. If the macd and signal line go below the green arrow line then the bullish divergence for a reversal might be invalid and we might see $14. even though we see that danger I strongly believe that 17.05 and 16.50 is a good opportunity to catch the bottom.
$SPCE Bullish signal Positive Divergence RSI targeting 26.8Formed nice bullish pattern with RSI positive divergence and with low money flow index. Possible entry for short term bounce to 26.8-27 levels then consolidated or rejected - current at 19.6 so around 20% move. if current wedge is broken down then 16 its more likely to be visited!
When Will The Tide Turn For Virgin Galactic (NYSE: $SPCE)?!? 🌊Virgin Galactic Holdings, Inc. is a vertically integrated aerospace and space travel company, pioneering human spaceflight for private individuals and researchers, as well as a manufacturer of advanced air and space vehicles. It is developing a spaceflight system designed to offer customers a unique and transformative experience.
SPCE looking juicy SPCE dip entries almost here in my opinion, 16-18 area would be where id consider adding some shares for a swing to 30-40 area, can set a stop loss at 14, the risk reward is getting good here! goodluck longs <3
VIRGIN GALACTIC will rocket fly?
As we can see, since February 2021, VIRGIN GALACTIC stocks only fall and it looks like this fall will be up to the global support line of $ 14. If VIRGIN GALACTIC does not announce the successful launch of its rocket, most likely the price will continue to fall and break through the support line. But, if VIRGIN GALACTIC announces the successful launch of its rocket and all goes well, the price will skyrocket and it will be a real ROCKET.
If you like the idea, subscribe and like it.
Good luck and big profits.
VIRGIN GALACTIC will rocket fly?
As we can see, since February 2021, VIRGIN GALACTIC stocks only fall and it looks like this fall will be up to the global support line of $ 14. If VIRGIN GALACTIC does not announce the successful launch of its rocket, most likely the price will continue to fall and break through the support line. But, if VIRGIN GALACTIC announces the successful launch of its rocket and all goes well, the price will skyrocket and it will be a real ROCKET.
If you like the idea, subscribe and like it.
Good luck and big profits.
ADDED to $SPCE New Target 41.10 for 38.38% $SPCE Target 41.10 for 38.38%
Or next add level is at 18.30
Look at how beautiful that chart is starting to look!! 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.
Traditional|SPCE|LongLong SPCE
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
Red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
SPCE: Will this support level break down?SPCE is right at a major support line within it's uptrend channel with an oversold RSI . Last couple time we experienced these conditions, SPCE bounced back up nicely. So I think, it's less likely for it to break below 20, and should go for a juicy upward movement for the next month or so. Fibonacci extension at 50% is right where we saw a large gap on Feb 26th that needs to be filled at some point making the green box a probable target. The bottom yellow line is absolutely crucial though. It should not be broken down or our next target would be 17, 14, and who knows maybe 9?
There is always a chance of going sideways but since the earnings are coming up soon, I don't see that play out for now but let's see.
