SPCE Here is the chart showing all Fibonacci levels.
What now? Three different scenarios: -1. consolidation at the current level, and bullish continuation to 40 in a few days. -2. Immediate bullish continuation. -3. We pull back to retest the orange line.
From a technical point of view, my opinion is that we will retest the orange line before going higher. From a fundamental perspective, December is a bullish month for stocks and SPCE could announce the date of its test flight very soon, which would send the stock to the moon.
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