(Finance) – Great day for Virgin Galactic Holdingswhich is posting an increase of 21.96%.
To give life to the shares of the company created by the tycoon Richard Branson, to create an offer of suborbital space flights for the commercial market, is the announcement of the start of the commercial space flight service.
The analysis of the stock performed on a weekly basis highlights the bullish trendline of Virgin Galactic Holdings more pronounced than the trend ofS&P-500. This expresses the market’s greater attractiveness towards the stock.
The medium-term analysis confirms the positive trend of Virgin Galactic Holdings. Although the short-term highlights an easing of the bullish line to test the top USD 5.648. First support seen at 4.578. Technically a negative development is expected in the short term towards the support 4.204.