$SPCE – Virgin Galactic Holdings, Inc., promotional campaign starting Oct 28, 2021 @ 11:02 AM CST

on October 28, 2021 Stock Promotion Tracking and Tags: , , , , , , , , , with 0 comments

Summary

Start time:
11:02 AM
Start date:
October 28, 2021
Symbol:
SPCE
Company:
Virgin Galactic Holdings, Inc.
Stock promoter:
"Bullish Charts"
Stock promoter rank:
21 out of 25
Promoter score:
4.0
Campaign ID:
36772

Virgin Galactic Holdings, Inc.

Market capitalization:
$6,892,017,555
(as of September 1, 2021)
Outstanding shares:
257,260,827
(as of July 30, 2021)

Stock Promoter Performance

The following charts displays the first day results for campaigns by "Bullish Charts". Results are taken from a total of 46 stock promotions by this stock promoter that have been tracked by OTC Dynamics.
45% closed down

50% closed up

5% had no net effect

Last 1 Stock Promotions By "Bullish Charts"

Symbol Company Start Date Close Change
ABTI Alterola Biotech, Inc. October 12, 2021 0.381 -73%

SPCE Promotional Newsletter

The following is a newsletter released by "Bullish Charts" promoting Virgin Galactic Holdings, Inc.

Caution

The following newsletter has not been verified for accuracy or completeness.

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Chart of the Day

Near Bottom Of Multi-Year Channel

Members,

has been beaten down lately with too much selling pressure. While the stock has lost 19.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.

We use Relative Strength Index RSI, one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.

RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.

Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal.

So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefitting from the inevitable rebound.

However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.

Potential Reversal In The Making

The RSI reading of 29.31 for SPCE is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand.

This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering SPCE in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 0.1% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.

About Virgin Galactic Holdings

Virgin Galactic Holdings, Inc. is a vertically integrated aerospace and space travel company, pioneering human spaceflight for private individuals and researchers with its advanced air and space vehicles. It is developing a spaceflight system designed to connect the world to the wonder and awe created by space travel and to offer customers a transformative experience. You can find more information at .

We alert several breakout trades each week on our and , so make sure you subscribe to both and check back often.

Remember...

As many of you know already, email delivery can be quite unreliable at times.

We have received one too many emails from subscribers that have missed out on easy profits, due to the fact that our newsletter landed in their spam folders.

The fasted and most reliable way to receive trade alerts is to join our SMS alert service.

This method is not only much more reliable, but it is also instant, and when it comes to trading stocks timing is everything.

You can now join our Free SMS Text Alert Service using the quick and easy process below to guarantee that you receive our trade alerts the second they are released.

Step 1 Using your mobilecell phone, send a new text message to 67076.

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Step 3 Push send. You should receive a confirmation reply instantly - that's it

In addition to our SMS service, we suggest that you follow us on social media for instant access to our trade alerts, chart analysis, and market commentary

Best regards,

The BullishCharts Team

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Our business model is to receive financial compensation to promote public companies. In accordance with Section 17b of the Securities Act of 1933, you are hereby advised that we are being paid on a Cost-Per-Click basis which may exceed a fee of over $1000.00 in cash, from a third party as compensation for the distribution of this advertisement.

We have not been compensated for this particular email.

We have NOT been compensated to conduct an investor relations advertising marketing campaign for SPCE.

The owners of this newsletter may own up to 10,000 shares of SPCE purchased on the open market. We intend to sell these shares for a profit and can sell them at any time. Never make investment decisions based on anything published in this newsletter. This message is meant for informational and educational purposes only and does not provide investment advice.

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