SPCE bounce incoming
Many investors in the SPCE were betrayed by the green of Brandon and company and they were hoping for good future but instead chart has turn on them.
Despite sell off we can see incoming golden pocket and 50 MA , although sellers were not exhausted today we could see bounce to the Friday which would slow down the the downtrend. Overall on the weekly and monthly charts SPCE appears in uptrend. We have crossed the previous head and shoulders neckline. RSI index is at 32 and Slow stochastic is getting over sold which could also signify incoming bounce.
Golden pocket is at 31 and next support is at 29. Psychological level of 30 could see some incoming bulls.
Despite sell off we can see incoming golden pocket and 50 MA , although sellers were not exhausted today we could see bounce to the Friday which would slow down the the downtrend. Overall on the weekly and monthly charts SPCE appears in uptrend. We have crossed the previous head and shoulders neckline. RSI index is at 32 and Slow stochastic is getting over sold which could also signify incoming bounce.
Golden pocket is at 31 and next support is at 29. Psychological level of 30 could see some incoming bulls.
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