Into orbit!Firefly Aerospace, Inc.BATS:FLYbalinorPreliminary Information Firefly Aerospace is a leader in the space technology and defense sector, specializing in end-to-end solutions ranging from orbital launches to lunar landings. The stock continues its upward trend thanks to the solid execution of the Blue Ghost lunar missions and the scalability of the Alpha launcher, which has secured strategic contracts with NASA and the Space Force. Record revenue projections for 2026, backed by a backlog of guaranteed orders and the integration of AI technologies for defense and orbital monitoring, position the company as a leader in the commercial space industry. Although it still operates at a loss to fund expansion, investor confidence is fueled by the ability to meet launch deadlines and the growing demand for cislunar infrastructure, making the stock a catalyst for those betting on the high-tech "Space Economy." +++++ Technical Analysis One look at the chart structure is enough to understand how devastating a $50 breakout could be. The rounding bottom (semi-circle) movement has brought the price back to the resistance indicated in light blue after a massive rally, surging from $18 in March to the current $49.50 in just two months. Hype surrounding the space sector is currently peaking as the SpaceX IPO approaches. The support indicated in blue sustains the price during the ascent, while the purple line acts as overhead resistance. I see two likely scenarios: (Black arrow): The price continues to climb until it hits the purple resistance, which will halt the rally and send the price back to retest the $49.50 level. (Red arrow): The price fails to hold above $49.50 and drops to touch the blue support, forming a pattern similar to a Cup & Handle. As with other ideas published recently, the best approach is to set some alerts and wait for the right moment to strike. +++++ Note Looking at the volumes, it is clear that conquering the $50 mark is not the finish line, but rather the starting point!