American company specialized in the development and use of space launch vehicles, aiming to position itself between Rocket Lab and SpaceX.
The price is preparing for a bullish reversal by breaking the neckline at $24.35, which also completes the Cup & Handle pattern shown in the chart.
First target around $33.30.
Wait for a close above the neckline accompanied by expanding volume.
The price is preparing for a bullish reversal by breaking the neckline at $24.35, which also completes the Cup & Handle pattern shown in the chart.
First target around $33.30.
Wait for a close above the neckline accompanied by expanding volume.
Note
Incredible!It has already broken through resistance today with +23%.
The space bubble is starting to inflate
Note
Breakout with huge volume.A retest of $24.35 is possible and likely.
If it holds, it’s the best moment to jump on the rocket.
Trade active
Entry at 24,35$, ready to flyNote
Note
Flaaaaaag!Note
Price moving quickly to 33$Next target will be at 49$ !!
Note
Retest of the $28 support marked in blue. If it breaks to the downside, a drop toward the purple support is likely before the next move toward $33
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.