Virgin Galactic Corporation (SPCE): A High-Risk Opportunity with Potential for Gains
Virgin Galactic is an American spaceflight company within the Virgin Group, developing commercial spacecraft to provide suborbital spaceflights to space tourists. The company’s founder, Richard Branson, had originally hoped to see a maiden flight by the end of 2009, but the date was delayed for several years due to the October 2014 in-flight crash of VSS Enterprise.
The competition between multi-billionaires such as Elon Musk with his SpaceX venture and Jeff Bezos who unveiled his space exploration and travel plans for Blue Origin has created a backdrop of interest and investment opportunities in private spaceflight companies like Virgin Galactic. However, this high-risk industry also presents significant challenges and potential losses for investors.
Understanding the Risks and Opportunities
Virgin Galactic’s stock price is highly volatile, with massive up and down moves in a short period. The 5 down moves from peak to bottom saw declines ranging from 29.49% to 76.5% and occurred in a timeframe of 9 to 67 days. On the other hand, the maximum move occurred in a period of 18 to 27 days.
To mitigate these risks, we recommend relying on the A.I. forecast and attempting to swing trade this stock for short-term gains. When successful, leave the profits invested in the stock for the potential long-term play. This strategy involves taking out the original principal from the trade but leaving the profit invested for future benefits.
Intermarket Analysis of Virgin Galactic (SPCE)
The key drivers of SPCE’s price action are ARK autonomous Technology and Robotics, First Trust NASDAQ Clean Edge Green Energy Index Fund, Power Shares QQQ, and iShares Global Clean Energy. Studying these correlations can help traders identify other alternative trades and investments that tie into the price action of SPCE.
Using Artificial Intelligence to Analyze Trends
The VantagePoint A.I. Software uses a combination of machine learning, neural networks, and intermarket analysis to provide traders with accurate forecasts and recommendations. The software’s proprietary indicators, such as the Predictive Blue Line and Neural Net Index, help traders identify trends and make informed decisions.
Fine-Tuning Entries and Exits
The VantagePoint A.I. Software allows traders to fine-tune their entries and exits using the Daily Price Range forecast with the Neural Net Index at the bottom of the chart. By utilizing both tools simultaneously, Power Traders can locate precision entries and exits with high probabilities of success.
Positioning Yourself for Long-Term Gains
While we like the long-term story and narrative of SPCE, we consider it to be very high-risk. Therefore, positioning yourself in this market requires careful consideration and a well-thought-out strategy. Continuously keeping this stock on your radar and being conscious of its potential is essential.
Disclaimer: Trading Risks Involved
Trading with Virgin Galactic (SPCE) involves a high degree of risk, and it’s not prudent or advisable to make trading decisions that are beyond your financial means or involve trading capital that you’re not willing and capable of losing. VantagePoint’s marketing campaigns do not constitute trading advice or an endorsement or recommendation by VantagePoint AI or any associated affiliates of any trading methods, programs, systems, or routines.