05.16.2025 / 
SPCE
Fundamentals. The earnings report exceeded expectations.
Technical analysis.
Daily chart: A protracted downtrend, the stock is trading near the all-time low. There is a possibility of a Short Squeeze.
Aftermarket/Premarket: Gap Up on increased volume. We mark the high of the evening session at 4.50.
Trading session: There is a clear uptrend after the market open. Then we observe breakout the 4.50 level on increased volume. Then we have a price tightening to the level against the uptrend with a very clear hold of the level. We consider a long trade to continue the upward movement in case the tightening structure is broken upwards.
Trading scenario: pullback along the trend (false tightening) to the 4.50 level
Entry: 4.63 after the tightening structure is broken upwards.
Stop: 4.46 we hide it behind the level with a small reserve.
Exit: Cover the position when a reversal candlestick pattern appears against the background of price acceleration and increasing volumes.
Risk Rewards: 1/8
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information.
SPCE Fundamentals. The earnings report exceeded expectations.
Technical analysis.
Daily chart: A protracted downtrend, the stock is trading near the all-time low. There is a possibility of a Short Squeeze.
Aftermarket/Premarket: Gap Up on increased volume. We mark the high of the evening session at 4.50.
Trading session: There is a clear uptrend after the market open. Then we observe breakout the 4.50 level on increased volume. Then we have a price tightening to the level against the uptrend with a very clear hold of the level. We consider a long trade to continue the upward movement in case the tightening structure is broken upwards.
Trading scenario: pullback along the trend (false tightening) to the 4.50 level
Entry: 4.63 after the tightening structure is broken upwards.
Stop: 4.46 we hide it behind the level with a small reserve.
Exit: Cover the position when a reversal candlestick pattern appears against the background of price acceleration and increasing volumes.
Risk Rewards: 1/8
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Если у вас появились вопросы по данному разбору, у вас есть альтернативное мнение или вы хотите поделиться собственной акцией дня - добро пожаловать в Telegram t.me/stock_of_the_day_channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.