A company specialized in lunar rovers dropped yesterday to touch the blue support level around $9, where both the weekly SMA100 (green line) and SMA200 (blue line) converge.
Following this bounce, a retest of the purple resistance zone near $15 is a plausible scenario.
I believe the space sector is set to become one of the next major speculative bubbles — better to secure a position early.
For more cautious investors, there are also dedicated ETFs in the sector.
Always remember to set a stop-loss, given the high volatility of these stocks.
Following this bounce, a retest of the purple resistance zone near $15 is a plausible scenario.
I believe the space sector is set to become one of the next major speculative bubbles — better to secure a position early.
For more cautious investors, there are also dedicated ETFs in the sector.
Always remember to set a stop-loss, given the high volatility of these stocks.
Note
Breaking down, idea failed Note
Plot twist with an unexpected recovery and a return above support — the idea remains valid!Note
Channel confirmedNote
Powerful breakout to reach 24,95$
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.