SPCE ran up on exuberance on the mention of ARKX and was rejected at the double top. It needs to cool off and refuel. Gap fill likely, short with tight stop loss. Markets look troubling for coming week.
PT: 27.6, 25 Buy order: 21
Bullish long-term.
Trade closed: stop reached
3/4
Note
Expected bearish day due to bonds, DIX, GEX, political unrest, but it is risky to short in bull markets and call the top
Note
Should have stuck with this one past the pre-market. Lesson learned.
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