$SPCE - RC -
Added 2023-07-23 03:13:43 +0000 UTCStill consolidating here as it has been for the last year, not able to break above the previous highs and the blue lines due to setbacks in their operations.
I do think there is a market here in the future and I do believe they are ahead of the pack, the market needs more solid information and concrete dates for their operations to start generating income.
So far I can only see more continuation of this consolidation.
The price is still below the 50 and 200 Day MA so the trend is still leaning to the downside.
Earnings coming up shortly so guidance is the important factor here, this may start moving this up red Wave C if some strong, positive guidance is announced.
Still a risky play here.
Comments
Itβs worth the contemplation
Gareth Neary
2023-07-23 16:28:53 +0000 UTCThis stock.... I wander where it till be in the future... 30 or 40 years from now... the sky is nit even the limit. Figuratively and literally. π
Dipen Patel
2023-07-23 15:53:37 +0000 UTC
