SPCE stabilized on major support, target of $25.78

SPCE came down to critical support and appears to be bouncing from there.

Bullish signals
  • Bounced off 200 SMA
  • Uptrend Gann fan that started at the major sell off supported price near final fan line
  • Daily MACD and 4hr MACD both flipping green
  • 4hr TD sequential indicated a 9 buy signal
  • Inner cloud edge-to-edge trade possible with target of $25.78 (top of cloud)
Chart PatternsTechnical IndicatorsSPCETrend Analysisvirginvirgingalactic

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