SPCE Cup & Handle developing

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Virgin Galactic Holdings, Inc. (NYSE:SPCE)

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NYSE:SPCE Virgin Galactic Holdings, Inc.

harmonicpatterns trendanalysis chartpattern spce spcebreakout spcestock spcelong

SPCE has been curling on the 1hr for some time now and looks to be in a cup pattern. Watch for a 10% rejection off the bottom of the gap before retesting the gap fill above (green).

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Caught some news on a space ETF being created (ARKX) after close yesterday. Look to see some consolidation before testing ATH

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