SPCE appears to have a decent uptick in these recent days.
The resistance at the $7.00 - $7.10 range appears to be shorts trying to maintain sell pressure. However, this stock is growing in interest, peoples screeners are picking it up/retail is beginning to notice the setup. Ideally we see a fast move to the $10 range soon, no major resistance points till the Neckline ridge.
A note:
Once SPCE hist the $10 mark, it will effectively be up 100% from the All-Time-Low it made just 2-3 weeks ago, this could begin a cascade of a squeeze that could move very hard and very fast, highest I can see is $14.00 as shorts in the $7.00 range here will expend a lot of capital to maintain their positions.
The resistance at the $7.00 - $7.10 range appears to be shorts trying to maintain sell pressure. However, this stock is growing in interest, peoples screeners are picking it up/retail is beginning to notice the setup. Ideally we see a fast move to the $10 range soon, no major resistance points till the Neckline ridge.
A note:
Once SPCE hist the $10 mark, it will effectively be up 100% from the All-Time-Low it made just 2-3 weeks ago, this could begin a cascade of a squeeze that could move very hard and very fast, highest I can see is $14.00 as shorts in the $7.00 range here will expend a lot of capital to maintain their positions.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.