As we can see, Virgin Galactic shares fell to $ 14.5, but over the weekend Virgin Galactic announced the successful launch of its rocket. The tests went very well. Thanks to the news, Virgin Galactic stocks went up. Barring bad news, stocks are guaranteed to rally, but real gains will follow after their first tourist flight. If you like the idea, subscribe and...
As we can see, since February 2021, VIRGIN GALACTIC shares only fall in price and it looks like this fall will be up to the global support line of $ 14. If VIRGIN GALACTIC does not announce the successful launch of its rocket, most likely the price will continue to fall and break through the support line. But, if VIRGIN GALACTIC announces the successful launch of...
A Golden Cross appeared on 10/9/2021 with the following criteria: 1. Existing uptrend 2. Confirmation of GC on 11/18/2021 3. Continuation of an uptrend This Bull run lasted until a Death Cross was spotted on 3/30/2021 with the following criteria: 1. There was an existing uptrend 2. DC occurs 3. Confirmation of existing downtrend I conducted my analysis on a 4 hour...
Bulls in SPCE! In a bet against the bears, bulls once again took control of mission SPCE... but can they take it to the moon with a price target of 30.55 on DO launch? Using simple technical indicators, I only used support and resistance along with candle stick analysis to come up with a price target of $30.55 day of launch, weather permitting. Bulls.... suit...
It broke out of the atmosphere... next level, game on. Bears on asteroids can't stop this now. In the previous chart, 21.70 was resistance needed to break out to the next level. The next wall is 27.69. Next point of resistance is 24.30 in which SPCE traded in this zone from July 17 to August 3, then succumbing below previous support levels, then recovering. Since...