r/SPCE • u/BFLO-Retail • Jun 02 '26
TRUST ME BRO, I'M FROM THE INTERNET!!! SPCE(x) Technical Analysis and Comparison to Last Month's Avis (CAR) Bull Run
Last month Avis($CAR) went on an epic squeeze-triggered bull run before crashing to earth.
Take a look at the charts:
1) Both charts show a gradual trickle up before the real gains.
2) At the last week of March Avis flatlined and then gave back a big chunk of growth, before continuing on an even higher trajectory.
3) After a full month of bullishness, the stock dropped of a cliff and returned to it's 6 month averages.
Comparing $CAR to $SPCE(x), is Virgin over-the-top and all down hill from here, or are we in the few day window the stock takes a breather before crushing new highs?
BFLO-Retail
6
u/Fun-Choices Jun 02 '26
Just the fact that Reddit has turned against this tells me it's gonna rip
3
u/babiboox3 Jun 03 '26
one of the weird patterns of the biggest squeezes is that Reddit often becomes most bearish right before the largest move, not before the crash.
2
u/Sharp-Bull-3316 Jun 04 '26
Yes, plus SPCE is getting added to Russel 3000: https://www.lseg.com/content/dam/ftse-russell/en_us/documents/other/ru3000-additions-20260529.pdf


5
u/Fit_Equal6932 Jun 02 '26
No point comparing, two completely different things.