Virgin Galactic Holdings, Inc.
看多

SPCE Swing Long For Aug 10 Space Launch

651
This SPCE long trade is centered around the second commercial space launch on Aug 10. SPCE had a successful first launch in June of 2023, and there is optimism that this launch will also go well.

Initially my plan was to buy in the buy zone between $3 and $3.50, but SPCE was struggling to drop lower. I readjusted my range to $3.68 to $3.72.

These target prices are time sensitive because there could be a drop near the Aug 10 launch date.

Last time there was a long 3 day candle up and I’m looking for a similar scenario here.

Target Price

TP 1

The red resistance line is my first price target at $5.75

TP 2

The white resistance line is my second price target at an estimated price of $6. The price could overshoot with a successful launch or strong earnings report.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。