VikontTrade

SPCE near Launch

Long
VikontTrade Updated   
NYSE:SPCE   Virgin Galactic Holdings, Inc.
All information should not be taken as call to Action, this is my personal view of market situation.


Based on retracements. Closing shorts at 21-21.20$.
And around 21-20$ will be looking to go long with appropriate stops.
Stops: based on your risk tolerance 19.50-18.50$. Breaking below 18.50 Game plan fails.
Target: looking towards 30$ based on calculations for subwave5 of Wave 3

You may like or hate my views. But most important, stay calm and do not give more money to the market than You Decide !!!

Alternative Idea:
Trade active:
Entry 21.00 - Stop 20.90.
If we break below 20.70... Setup is still active upto 18.50$
Comment:
Entry 20.10
Stop 19.30 (Risk 80c)
Last stop for me...
Trade closed: stop reached
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