SPCE (Virgin Galactic) Shows a Bull market
📈The smoothed moving average, on a weekly range 
SPCE (Virgin Galactic Holdings) shows a Bull market.
📊Let me remind you that the transition to a Bear market means the transition of the 48 days moving average for the 72 days and 120 days, a complete reversal.
Personally, I determine the market trend by three smoothed moving averages. Of course, you need to look at all the indicators and the news background at once, but anyway, what is happening.
📌The high-volatility of the Virgin Galactic stock market is associated with the uncertainty of investors and the novelty of the space industry.
However the industry is very promising and you should not pay attention to local events in the long term positions
Virgin Galactic is the company of the future.
The space industry is developing very actively, and I think it will develop very quickly. The speed how the space industry will enter our daily lives can be compared with the development of the Internet in the 90th.
We already now see such trends, from the success of Elon Musk and the high rush of open companies around the world, involved in the space industry.
Virgin Galactic has an exciting future, and the company already has an experience in spaceflight with their founder Richard Branson. Sir Richard billed the flight as a test of the space-tourism experience he expects to begin selling to customers from next year.
Therefore, delays and put-offs of flights are just a technical issue, solving which the shares will go to the moon. Now is a very good time at the start of the industry to add Virgin Galactic to your portfolio.
SPCE (Virgin Galactic Holdings) shows a Bull market.📊Let me remind you that the transition to a Bear market means the transition of the 48 days moving average for the 72 days and 120 days, a complete reversal.
Personally, I determine the market trend by three smoothed moving averages. Of course, you need to look at all the indicators and the news background at once, but anyway, what is happening.
📌The high-volatility of the Virgin Galactic stock market is associated with the uncertainty of investors and the novelty of the space industry.
However the industry is very promising and you should not pay attention to local events in the long term positions
Virgin Galactic is the company of the future.
The space industry is developing very actively, and I think it will develop very quickly. The speed how the space industry will enter our daily lives can be compared with the development of the Internet in the 90th.
We already now see such trends, from the success of Elon Musk and the high rush of open companies around the world, involved in the space industry.
Virgin Galactic has an exciting future, and the company already has an experience in spaceflight with their founder Richard Branson. Sir Richard billed the flight as a test of the space-tourism experience he expects to begin selling to customers from next year.
Therefore, delays and put-offs of flights are just a technical issue, solving which the shares will go to the moon. Now is a very good time at the start of the industry to add Virgin Galactic to your portfolio.
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