collintwols

$SPCE Breakout but Needs to Confirm First

Long
NYSE:SPCE   Virgin Galactic Holdings, Inc.
SPCE looks like it broke out of its descending wedge by a $2.50 gap. I will wait for confirmation (at least three candles above the close of the gap or for it to come back down to $17 then bounce back up) before I enter. It was a high volume breakout day but would've been a stronger buy signal if it was a green day.

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