Interesting "do or die" time for SPCE in my opinion.
I'd like to see it fill the upside gap approx $42, however we are at a significant level that has multiple previous reactions.
Generally increased volume should be favorable to continue the uptrend we have currently, but with our modern wonky market, all you can do is protect your position with appropriate risk management. I'm long here and targeting 42, stops tight below.
not financial advice.
I'd like to see it fill the upside gap approx $42, however we are at a significant level that has multiple previous reactions.
Generally increased volume should be favorable to continue the uptrend we have currently, but with our modern wonky market, all you can do is protect your position with appropriate risk management. I'm long here and targeting 42, stops tight below.
not financial advice.
Comment:
sideways consolidation here so far - just building a base for a leg higher.
Trade closed: target reached:
Gap filled, practically a perfect touch.
GG's folks.
be cautious now if you didn't close out because gap fills can be good catalysts for reversals. Otherwise seeing lots of names now reaching HOY and this could very well be one of them...
GG's folks.
be cautious now if you didn't close out because gap fills can be good catalysts for reversals. Otherwise seeing lots of names now reaching HOY and this could very well be one of them...