Just a quick look at SPCE. Looks like we are looking at both a Fib resistance and Flag resistance right around the same price. I think today the open will have more Long positions entries rather than the plethora of shorts we saw yesterday due to pre-market activity we saw on 6/22. If this is the case with even a fraction of the volume we saw at the open yesterday we should break through the resistance and move to new highs. If we fail to break through the resistance look for stocks to trade sideways and eventually down for a recollection. as always this is just for entertainment and not advice let me know what you think are we taking flight or crashing back down to earth.
just a quick check-in this is what we are looking at after the open