Foresee a tight range for time being

10 Ağu 2020

Short term we should see this stock hovering in a channel over the next few weeks. It bounced off my $18.62 support line and at the same time fairly close to touching the bottom trend. May need to touch the bottom trend channel before we get the confirmation of a upward direction reversal. With the stock offering complete today and the Saudis picking up more stocks (Now owns 7% of Spce) there are some hidden signs that firms are accumulating for the next run. The next run ups will be the 2 rockets test and then SRB taking off in Q1 2021. Time to act like a fund the continue to load up.

Thoughts?