SPCE stabilized on major support, target of $25.78 Long
Virgin Galactic Holdings, Inc.NYSE
Description
⋅ SPCE came down to critical support and appears to be bouncing from there.
Bullish signals
- Bounced off 200 SMA
- Uptrend Gann fan that started at the major sell off supported price near final fan line
- Daily MACD and 4hr MACD both flipping green
- 4hr TD sequential indicated a 9 buy signal
- Inner cloud edge-to-edge trade possible with target of $25.78 (top of cloud)