SPCE Trade on Jan 24, 2020 10:38 from beno: Tradervue User Stock Trades.

Shared by
beno

Fundamentals

New company focused on long term growth in space exploration, no revenues, pure speculation.

Catalysts / News / Painting the picture

-Recent Conference news
-Up swing fueled by below Dec 10 2019 Morgan Stanley comments:
-Morgan Stanley Bullish On Virgin Galactic, Says Space Tourism Is Incubator For Hypersonic Travel

Technical Analysis

-Supported at $7 (ATL)
-Levels: 7, 9, 11, 12, 16, 20
-Bearish intraday, was following SPY
-Back side swing potential put in today but very strong support at $16

Original Plan / Strategy

First Test Short of 17.85 by 18 zone

Review

Only first lot got filled and took profits at 10 cents

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-01-24 10:38:14	SPCE	sell	$17.810	short
2020-01-24 10:39:18	SPCE	buy	$17.710	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SPCE&trade=12660019&end=20200124110918&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SPCE&trade=12660019&end=20200124120918&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SPCE&trade=12660019&end=20200124160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SPCE&trade=12660019&end=20200223&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}