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Virgin Galactic (SPCE) Predictions for November 2023 (Paid Version/Best Trades)

Updated: Oct 16, 2023



  • Month’s Theme: An important high.


  • Behavior Around the High: A notable move to the upside on a one-month chart that will take us to the high.


  • Behavior Around the Low: Volume and volatility will flatten out near the low. That will also be an important price level on at least a one-month scale.


  • Exclusive Trade Opportunities for Subscribers:

    • An opportunity to open a short position on the 3rd and close it at the end of the day on the 6th.

    • An opportunity to open a long position for a day trade on the 9th.

    • An opportunity to close a long position at a high on the 16th. There’s another opportunity to close a long position on the 26th/27th.

    • Another opportunity to exit a long position at the end of the month.



Overview


We’ll have a big move to the upside in November. We start off the month in oversold territory and there’s a notable move higher on the 1st. There’s an important resistance level highlighted on the 2nd. There’s a move to the upside on the 3rd pushing the upper end of a range higher. There’s a lot of ground covered to the upside. You could open a short position on the 3rd and close it at the end of the day on the 6th after three pokes through the same price level followed by a sharp drop.


There’s a brief peak that’s easily missed on the 7th that we’ll sell off from through multiple supports. On the 8th, we’ll sell off through more support levels. On the 9th, we’ll have a rally that increases with momentum moving forward in time. We’ll break through resistance and then fall with higher spikes up on the way down. From there, you could open a long position for a day trade. I would hold that until we reach for distant resistance that same day. On the 10th, we’ll have a sideways-fluctuating rally that ends with a sharp drop.


On the 13th, there’s sideways rotation. On the 14th, there’s an unexpected move higher and in the midst of that there’s a trade opportunity. On the 15th, there’s a pop and drop and a trough toward the end of the day. On the 16th, there’s an unexpected opportunity that forms. You could close a long position at a high on the 16th. You could also close it on the 21st/22nd.


After a drop on the 24th, there’s some sideways crisscrossing back and forth through the same price level on the 27th. There’s a big move higher on the 28th. On the 29th, there’s a rally at the beginning of the day followed by a decline toward the end of the day down to and through support. On the 30th, we’ll open higher and then there’s a crest that we’ll sell off from down to and through support. There’s an opportunity to exit out of a long position toward the end of the month.



Sneak Preview


Sideways rotation.













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1 Comment


Hey ! Will we have a december reading and suscription for SPCE ?

Thanks you

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