$SPCE Virgin Galactic $76.00 Target

As the short squeeze continues we must look at much higher level in the stock as a potential target.
We have set out levels of Fibonacci confluence at $64 & $76 where the channel and expansion levels collide.
The afterhours announcement from SpaceX has also added fuel to the rally.
Care is needed as the stock is overbought so watch for reversals as the RSI hits 90.
Please drop a like or comment if you find our content helpful, thank you.