SPCE: ALL SUPPORTS AND RESISTANCES

1 dic 2020

SPCE
Here is the chart showing all Fibonacci levels.

What now?
Three different scenarios:
-1. consolidation at the current level, and bullish continuation to 40 in a few days.
-2. Immediate bullish continuation.
-3. We pull back to retest the orange line.

From a technical point of view, my opinion is that we will retest the orange line before going higher.
From a fundamental perspective, December is a bullish month for stocks and SPCE could announce the date of its test flight very soon, which would send the stock to the moon.

What's your favorite scenario?

1 dic 2020

Nota

Test flight news:
virgingalactic.com/articles/virgin-galactic-flight-test-program-update-ypreparing-for-first-rocket-powered-flight-from-new-mexico/

Bullish!

26 gen 2021

Trade chiuso: obiettivo raggiunto

WOW!