SPCE: Expected Rebound, but More Upside Potential

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As anticipated, SPCE (Virgin Galactic) has reacted within the key Fibonacci zone, between the 1.618 level ($3.41) and the 1.786 level ($2.92), triggering a strong rebound. Our first target is set at $6.16, followed by $7.05, where partial profit-taking could occur.

However, the stock still has more room to rise, with potential for further upside if volume supports and key resistances are broken. We continue to closely monitor the price structure to confirm the trend’s continuation. 🚀📈

Penafian

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