$SPCE bottom, upward trend entering sideways movement.
Virgin Galactic Holdings, Inc.NYSE
Description
⋅ NYSE: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 NYSE:SPCE enters a consolidation phase with sideways movement.
- Short at $2.72
- Long at $2.35
Trade active
⋅ Long entered at $2.38