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well like Boeing or not, it got the lion's share of that contract with NASA
This chart shown the stock ripe for a major breakout with the BBwidth down low in range, the SLOW Sto is bullish and the MACD is flat after a long rise.
This chart is on the cusp too...CMF is high, the RSI is rising and the DI+/- which has been crossing/recrossing is potentially ready for a real bullish cross rather than the indecision in the last few weeks.
Yep, come tomorrow's trading looks like a fair bet the stock price will break out.... certainly to the next resistance at $138 and potentially to challenge the all time high of $142
Can you help answer these questions from other members on NexusFi?
I for one put more money behind Elon than the company. Yes, Elon is the CEO, but it's Elon's drive and character that have created success. Steve Jobs is revered as a visionary, but I think Elon makes Steve look like he is standing still. And Elon is also very philanthropic.
I will buy SpaceX IPO the day it goes public, and it is something I will be proud to own because I want to believe in a future where mankind colonizes space. In this case, I believe you are truly buying the symbolism.
I think there are likely a large number of people the feel the same way. Is there another publicly traded company that has a clear agenda for colonizing space (Mars)?
I mean the closest thing I can think of is Virgin with their million dollar per seat trip to "space" on a fancy 747. It's just not the same thing.
Virgin is a pipe dream compared to Space X. Don't get me wrong space tourism is exciting, but the prospects of a private company launching missions to another world? Now that is exciting.
Although when I was 3 I wanted to be a Space Airline pilot flying people to the moon and back.
I could be off base here but from what I understand Virgin has two programs running, one that is tourism and one that is a legit actually get to space program. There is obviously a huge difference between getting to 100 miles up and having zero air speed (relative) and be traveling at 12,000 mph. A lot of space x (exers) have quit and gone to Virgin. I can count at least 7 people off the top of my head. They don't have the same push/drive whatever you want to call it that Space X does though. But Space X will wear on you after a while too, trust me on that one ...
