flxtcha

$SPCE bottom, upward trend entering sideways movement.

flxtcha Updated   
BATS:SPCE   Virgin Galactic Holdings, Inc.
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
Trade active:
Long entered at $2.38
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