Can this company prove itself?

Technical

Major support at $4.10 (S1)
Major resistance at $5.25 (R1)
Support at S2 would signal a reversal (Maybe short term (1-2 weeks))

Fundamental

VSS Imagine not ready, maybe 2023 (2 flights per month)
VSS Unity ready to fly (1 flight per month), VMS Eve upgrades/maintenance to be completed in 4th quarter.
Test flight early January + glide flight (VSS Unity)
Then spaceflight both Unity and Eve
First commercial service Q2 2023... (Italian Air Force)

If these targets are met, parabolic move possible. ~$20 price target.
Profitability not till Delta class in 2026 (Cadence of 1 flight per week). 4 years, targets met ~$200 price target.

Komentar:

A daily close above R1 looking likely. Entering a new range (LONG).

Komentar:

Entered new range, R2 being $5.60 R1 flipped and became S3 (LONG).
Daily RSI > 66.
MACD range 0.10 and still expanding.
Short term trend? 25 days, Low volume.

Komentar:

Here we go...