Get started
Rollie12

Virgin Galactic looking for a huge move? But which direction?

Virgin Galactic Holdings, Inc. (NYSE:SPCE)  
Rollie12 Updated   
NYSE:SPCE   Virgin Galactic Holdings, Inc.
Trend Analysis Chart Patterns SPCE optionstrading strangle virgingalactic
3
0
trendanalysis chartpattern spce optionstrading strangle virgingalactic
With a possible head and shoulders pattern in the charts we could see a huge move down in price!
On the other hand, for about a month now I see a alright triangle forming for a possible leg higher!
So in conclusion I'm going to try an options strangle for a possible break out either way!
Comment:
I sold my options for a 25% gain!
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.