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Stock_Holiday86

Virgin Galactic - tracking the breakout

Virgin Galactic Holdings, Inc. (NYSE:SPCE)  
Stock_Holiday86 Updated   
NYSE:SPCE   Virgin Galactic Holdings, Inc.
Technical Indicators Chart Patterns Trend Analysis
7
0
indicator chartpattern trendanalysis
Important levels are on the chart. I am in this for the long haul. This IS financial advice.
Trade active:
With no intention of closing!
Comment:
look for the price to drop below the rising support line as it reaches the apex for confirmation of a bearish break. The big red bearish arrow is just showing the likelihood of a retest of the rising support line turned into resistance. Position size at this level: 5% of my portfolio. Will increase as I am tracking the bottom if we get a bearish break.
Comment:
bullish case: look for an entry at a retest of the rising support line after it breaks the falling resistance line and reaches the first target.

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