Looks to be in a period of manipulation preceded by consolidation. I expect a move to the upside where distribution will happen.
We are currently in a long accumulation base and trading inside a wedge.
I would expect to see a strong uptrend in the next few days if we close above the upper wedge line.
If SPCE can be at 30$ by EOY then our chart will look to follow a large cup with handle pattern and possibly test upper wedge area.
Looking for an upward break out in the next few days but beware could break down. Either way it looks to be a strong breakout
Thoughts?
Look for a breakout from a cup with handle pattern.
