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$SPCE bottom, upward trend entering sideways movement.
Virgin Galactic Holdings, Inc.
$SPCE bottom, upward trend entering sideways movement.
By flxtcha
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Follow
Updated
Dec 29, 2023
2
Cheer
Cheer
Dec 28, 2023
SPCE
Bottom was confirmed at $1.38. There is a clear short-term upward trend that can be identified based on the higher highs and higher lows.
For this trade, we assume
SPCE
enters a consolidation phase with sideways movement.
Short at $2.72
Long at $2.35
Dec 29, 2023
Trade active
Long entered at $2.38
longtrade
shorttrade
SPCE
Support and Resistance
Trend Analysis
Trend Lines
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