SPCE ship is broken, trying to find ground to land on!SPCE lost trend line support and currently barely holding on to price line support. If any day it breaks that support, next support price levels 20.40, 19.90, 16.40 are as marked. A close above 27.60 could mean bulls are getting back. by trdnvestor1
SPCE Analysis $SPCE | #Analysis | #StockMarket Price Target 28.35 🎯 Simple ABC Correction ✅ Matching Closes on Dynamic Support ✅ Entered into Demand with Bullish Divergence ✅ Potential Island Bottom Reversal on 1hr ✅ Entry on Break of 25 with Confirmation ✅ Invalidated below 22.31 ❌ Longby itsCblast115
SPCE, OVERSOLD!Hello fellow traders and investors, here's a trade idea on SPCE. SPCE has recently pulled back to the common support area. If SPCE makes a recovery to the 1st TP it offers a 50% ROI and if it makes a recovery to the 2nd TP it offers a 150% ROI. Technicals: The Macd indicates that SPCE is oversold and now in a downtrend The RSI is oversold The volume looks like the selling pressure is getting exhausted and we might see an ascending buying pressure. It could also be an H&S but with the tight entry, the downside potential is relatively small. When To Buy: When the Macd is in an uptrend and when the volume gets some ascending buying pressure When To Sell: I recommend selling at the first take profit if it's having trouble breaking out. For example, if it tests the first TP and heads any lower than 28$ then close your position however if it stays above and breaks the first TP hold till the second one and immediately close your position since we usually see low volume when it's about to reverse to the downside. Fundamentals: They aren't an established company yet and have less than a million dollars in sales so if you have no problem with companies like so then feel free to add it to your watchlist. Rating (On technicals): 80/100 the technicals look pretty good and the ROI potential is definitely there however make sure to buy when you see an indication of a reversal since it could easily break below the support area because of the H&S pattern. Make sure to use risk management since this is a relatively volatile stock. I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like, follow and comment your thoughts. ThanksLongby UnknownUnicorn11084119668
$SPCE super oversoldSPCE looks amazing. Super oversold followed by major volume on the drop. $22.80 is main support, as long as we hold that then i'll be looking to take this thing back up to the gap at $26.42. SPCE 15min: SPCE 4hr: Longby Dougie_dee112
$SPCE A Deep Dive Into Virgin Galactic. Within this analysis hopefully we will help you by showing the significance of the following analysis strategies = - Most Important is the Candle itself. - Volume, which is often overlooked. - Pivot Points - Support and Resistance levels. - Moving Averages (MA & EMA) - Time - Supply and Demand - Point Of Control (poc) Chart 1=30mins This gives us a great insight into the importance of the Moving Averages and the Significance that breaking this support had on the stock of SPCE. Once the 50ma on the weekly was broken we see that the volume spiked as this is seen as a very negative trend break, the 50MA was support on multiple occasions but that was during a bull run for the stock, within this downtrend losing that support opened the trap door and capitulation volume occurred. Support was found on the Volume Shelf (node) you will see on the weekly chart how it was identified. The relief bounce (04/16) then found resistance at the Yearly Candle S/R level, we see 1 candle broke above and failed then the second 30min candle also got rejected and selling once again dominated the action. It is fair to say now that this stock has developed a Local Range between Support (Volume Shelf) and Resistance (Yearly s/r) and until that is resolved it is best to sit on the sidelines. Major resistance on the weekly is now the 50MA and until reclaimed the bearish trend is intact. You will see on the charts which follow how and why we have selected certain pivotal levels. I would really appreciate a like or comment on the chart and if you find this analysis helpful please FOLLOW for more in-depth analysis and strategy. by Xclusive-TradingUpdated 2222112
SPCE possible breakout bottomingLonging this if consolidation happens next week, and or Break out. If not shorting it to next bottom.Longby benguska0
Virgin Galactic (NYSE: $SPCE) Flashing Signs Of A Reversal 🚦Virgin Galactic Holdings, Inc., an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States. It also manufactures air and space vehicles. The company's spaceship operations include commercial human spaceflight, flying commercial research, and development payloads into space. In addition, it engages in the design and development, manufacturing, ground and flight testing, and post-flight maintenance of spaceflight vehicles. The company was founded in 2017 is headquartered in Las Cruces, New Mexico.Longby Bullishcharts242428
SPCE very close to reverse If SPCE finds buyer on support trendline we should see a nice up movement Longby MoonBets555
Time to start accumulating SPCE again?Chart looks very nasty with that Head and Shoulders pattern AND daily bearish divergence with negative momentum only now starting to build again but we are supposed to get a test flight next month and I think we might see some support around $17. I believe anything between curent price level and that support (so $17-22) is a potential buy zone. I think this could go as high as $40 (top of the trading range) by end of this year assuming the company actually manages to deliver the test flight this time and potentially even to $70 if they get Branson to space (this is probably not happening any time soon through looking at all their setbacks so I wouldn't get my hopes too high).Longby Ravich000Updated 0
Potential Bullish Shark on SPCEClose to the entry of about 20. Its also creating bullish divergence on the MACDLongby hi_u_ok0
$SPCE in a reversal pattern here.$SPCE is testing support area creating a double bottom around these levels. Loving the setup here for a long term positions. Support: 23 B/O: 27 Short Term Target: 31 Short Term Target 2: 36Longby UpturnTrades1
Virgin Galactic: about to hit the fan?Looks like SPCE is forming a head and shoulder and should hit 22 but if it breaks under the red trend line, the next target should be around 18. Shortby MarkitMavenUpdated 553
SPCE BounceSPCE has become overextended to the downside and i believe has exhausted its sell side move. It is running into daily support at the 23 area. I believe it will bounce up from here as a relief bounce back to the 25 range.Longby BBTrader292
SPCE Weekly 50MA Trend - Buy ZonesEveryone else seeing this trend right? Buy the weakness, sell the strength. Longby DontmessupAAron1
$SPCE Target 44.24 for 27.68% $SPCE Target 44.24 for 27.68% Or next add level is at 25.06 (so basically anywhere here) — 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. Longby SPYder_QQQueen_Trading445
SPCE looking very nastyI really hope this doesn't play out but SPCE is looking very weak with bearish engulfing candle about to close on the daily by end of the day. No help on oscillators, stock could go into freefall and lose 50% of current value very quickly if some positive news doesn't come out soon.by Ravich000Updated 0
SPCE again in a magnetic trendlineSPCE ready to fly after touching again a trendline that has been tested multiple times. The volume of yesterday's session could imply strong support for the price to continue down. Target Price: 60 Expected Returns: >100%Longby MoeMauney119