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Divergences form a staple of a trader or investors arsenal and here we can clearly see that on SPCE we have lower low price action forming while higher lows are observed on the RSI signifying a potential bullish reversal. Makes sense in terms of fundamentals too since you can't scroll instagram without seeing an ad for Virgin Galactic. Come on Rich! Haven't heard...
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Price is currently in Phase "D" of DISTRIBUTION and price failure toward downside and BEAR TREND imminent.
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