Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
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
Follow
Follow
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
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.