SPCE - Flight path
מעודכן
Are we at the bottom or is there more downside to come ?
Possible outcomes:
A: Ready for Lauch we see some positive news come out that shows a clear(er) path to profit and we have a new impulse taking us up to $11 over the space of a year
B: Landing Gear Out The downward pressure and burn rate is still too much for people to stand and the price continues to decline and ranges between $2-3 for a while.
Personally keen for a swing trade on this.
- currently sitting at $3.24 which is very near the all-time low of $3
- This level has acted as a horizontaol support several times
- a decending curved support line appears to be levelling out.
- The daily RSI is in the oversold mark which has historically acted as a catalyst for an uptick
- For the past year the price has dropped in waves by around 25% then gone up - could that repeat
Possible outcomes:
A: Ready for Lauch we see some positive news come out that shows a clear(er) path to profit and we have a new impulse taking us up to $11 over the space of a year
B: Landing Gear Out The downward pressure and burn rate is still too much for people to stand and the price continues to decline and ranges between $2-3 for a while.
Personally keen for a swing trade on this.
הערה
$2.5 reached very quickly. Let's see if it holds.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.