$TSLA is such a garbage stock. The 2019 run-up will never happen again. Between Tesla and $SPCX, just taking money away from the market, only winners are the brokers and Musk.
$SPCE (weekly) — Could we be looking at a turnaround after a brutal -99% drop? Hell yes and especially if SpaceX is giving a lift to the sector.
Now we have the first part and that is the breakout — what would make this a buy for a swing trade would be a retest of the broken EMA cloud and hold. Do that and we have the trifecta and that's our entry.
Targets after the retest and hold are set at $9.50 and $23.
@aleabitoreddit I don't believe the wrong ticker nonsense.
$SPCE
has been making substantial progress and has resumed ticket sales after a 2-year pause. They also just settled a legal battle last week, which helped. Their market cap was under NAV at $2.50 as well.
Whole space sector roaring, and SPCE just settle legal battle. On top of that, ticket sales resumed after two year pause, and they just completed glide testing on their new space ship.
Their stock was under NAV for a while, this company’s has a chance and it’s currently undervalued.