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crawfordpaul

SPCE Long- Catching the Falling Knife

Long
Virgin Galactic Holdings, Inc. (NYSE:SPCE)  
crawfordpaul Updated   
NYSE:SPCE   Virgin Galactic Holdings, Inc.
Trend Analysis Fundamental Analysis Support and Resistance SPCE spcebuy LONG
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trendanalysis fundamental supportandresistance spce spcebuy long
SPCE has gotten destroyed after the announcement that their first test flight is to be pushed back until May. Despite this massive downturn I want to buy the dip and hold through April and maybe May. One of the imminent risks with any aircraft stock is the potential of failure. This would likely cause even more selling of the stock. In part this is why I like the swing trade to April. It will give time for the market as a whole to recover as well as the individual stock. My target for this stock is $43.98 by April 20th.
Comment:
Gap has been filled
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