TradingView
ir-rizzle
Jun 2, 2021 6:03 AM

$SPCE $45>$23>$80>$60>$120 Long

Virgin Galactic Holdings, Inc.NYSE

Description

The pitchfork on primary 1-2 and intermediate 1-2 line up exactly with this count, worth keeping an eye on.
Comments
ir-rizzle
I relly need to stick to my plans and not sell early haha...tried to be smart and sell what i thought was the wave 1 top around 35-40, but missed out on todays massive jump. Let see if the rest of this plays out like expected. Congratz to those who made gainz today!
pechi123
1.618 x 1= 61.70.That's how you calculate a 3rd wave projection the most common, but it may go higher like 2x or multiples of 1.618. I have 2 concerns of immediate higher potential in wave 3: 1) Today's gap comes high up in the wave and could be an exhaustion gap rather than a breakaway or continuation, there are 2 gap ups but in the wave 1 position. 2) Gap on news and volume spike, often the case in a blow off high.
meghanOGTay
are you saying this was i and your expecting i ii ii iv v?
R5turbo2
YES! 1,150 July calls
meghanOGTay
@R5turbo2, which date or strike? lol
R5turbo2
850 July 16 $ 25
300 July 16 $ 40
9000 shares sold today
Najah000
Great idea, do you can analyses for us NAKD ?
R5turbo2
They have a flight coming up this month. By end of June $80. Richard will be flying this coming July. End of July $120.
kgill088
Nice work, hope you're right.
More