Space is a volatility game. You buy options when it's all nice and quiet and sell them to profit from increased IV. Another strategy is to buy shares at these prices and sell options at the top. Either way you play this stock, you will need volatility to profit from your options swing trades.
On this chart, you can see SPCE sitting right above a major support forming a tight consolidations, which has been going on for weeks now. MACD shows different periods of consolidations in the past and the volatility that followed. There is also a gap to be filled at 31.
There are a couple of upcoming catalyzers: 1. FAA re-approval 2- October flight. No matter which way it goes, the volatility is about to go up very soon. Historically, SPCE has gone up after these tight consolidations. But is it going to hit 53 or would max out at 35, that depends on the hype behind the next flight.
Another possibility is 73!

On this chart, you can see SPCE sitting right above a major support forming a tight consolidations, which has been going on for weeks now. MACD shows different periods of consolidations in the past and the volatility that followed. There is also a gap to be filled at 31.
There are a couple of upcoming catalyzers: 1. FAA re-approval 2- October flight. No matter which way it goes, the volatility is about to go up very soon. Historically, SPCE has gone up after these tight consolidations. But is it going to hit 53 or would max out at 35, that depends on the hype behind the next flight.
Another possibility is 73!

Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.