SPCE very good risk vs reward. Perfect entry point!

SPCE has been a very volatile stock but the line I drew it seems like it acts like a magnet. No matter how high the stock goes the magnet pulls it back . If you were thinking to make a play in this stock or add to your position, now it is the time. I don't have a future target price in mind but this is a good entry point IMO.
Currently is way oversold!

I am not a financial advisor, and this post is informational only. Trade at your own risk.