ONLINE FOREX BROKER
2022-12-15 • Updated
On September 29, Virgin Galactic announced the Federal Aviation Administration approved launches resume. The FAA investigated the reasons why the spaceship veered off course while descending during a July flight with founder Richard Branson aboard. FAA approved corrective actions proposed by Virgin Galactic.
Virgin Galactic said it would incorporate additional steps in its flight procedures to ensure real-time mission notifications to FAA air traffic control.
On October 14, Virgin Galactic announced that it would begin its planned enhancement program for VMS Eve and VSS Unity and would conduct the Unity 23 test flight after this work is complete.
The enhancement program is designed to improve vehicle performance and flight-rate capability for VMS Eve and VSS Unity.
Virgin Galactic stocks have always been highly volatile. For the past several months investors have been paying attention to the company’s workflow. The volatility fell extremely low and usually at these moments big players start gaining their positions.
According to Webull.com, some big players are buying Virgin Galactic’s stocks while the price is going down. Insiders might know some information that is not available for a regular user. That’s why it is important to use technical analysis to find such moments and buy stocks before the news gets announced.
Weekly chart
If we look at the weekly chart, we can notice that there is a strong support trend line, which has been holding the price since November 2019. The price might break through this line, but it should not close a weekly candle below it. If it does, the bearish sentiment will be confirmed and the price might drop as low as $9.5.
Right now the buy zone is between $15.5 and $17.3. If the price reaches these levels buyers will get activated and huge volatility is expected that’s why the best option is to set your orders beforehand.
Targets for an upcoming movement are $21.5, $24.5, $33.
The previous year 2022, was undoubtedly tumultuous for the stock markets, with several stocks plummeting across multiple industries. Analysts have blamed the hard times on inflation, hawkish federal reserve policies, an impending global recession, and the ongoing crisis in Ukraine. This year, however, we're beginning to see some recovery in the stock markets. This article will find a few stocks worth buying this year.
In a call scheduled for January 25, 00:30 am GMT+2, Microsoft will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
In a call scheduled for January 25, 00:30 am GMT+2, the Tesla Inc. team will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
Let's dive into the world of gold. Currently, the price of gold, represented by XAUUSD, is stuck in indecision, hovering around the $1,975 mark. The market is anxiously awaiting two important factors: the release of the Federal Reserve's meeting minutes and the extension of the US debt ceiling.
Hey guys, this is the last full trading week in May, and many forward-looking individuals like myself are already preparing themselves to seize whatever opportunities June may have in store. On this note, I will review a few commodities that have satisfied my quest for swing-trading opportunities in the coming month. Follow me!
The Bank of England (BoE) has dramatically shifted its economic forecasts. They no longer expect a recession in the UK and have upgraded their growth projections. This year, the BoE predicts GDP growth of +0.25%, a significant improvement from previous expectations. Next year's forecast is even more optimistic, with a projected growth of 0.75%.
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