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SPCE this penny stock could launch from the support area LONG
Virgin Galactic Holdings, Inc.
Long
SPCE this penny stock could launch from the support area LONG
By AwesomeAvani
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Updated
Jun 7
1
0
May 29
SPCE has lots of potential but sometimes gets bogged down with "technical difficulties"
It is burning cash just less than the analysts have predicted. As such it is a risky trade. Best
probabilities for success on a long trade is to buy as low as possible and hope that is its
now putting in a reliable double bottom on a six month trend down. On the 30 minute chart
I have marked upside targets on the volume profile not shown . I am expecting 100-150% in this
swing long trade which may last 4-8 months.
Jun 4
Trade active
Trading sideways/Hold full patient position.
Jun 5
Trade active
Closed and realized 50% of loss. Patient for a reversal.
Jun 7
Trade active
Small new long position
aerospaceanddefense
Double Top or Bottom
spacestocks
spacex
SPCE
starlink
Volume
AwesomeAvani
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