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
-Similar pattern as yesterday: bullish morning with afternoon selling
-Higher lows and higher highs today, but can see upswing losing steam
-Levels: 23, 23.70, 24.50
Original Plan / Strategy
First Test short of 23.70 morning low of consolidation zone
Review
Filled two lots and it started bouncing but it quickly retraced so I scratched it.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-02-13 09:59:17 | SPCE | sell | $23.690 | short |
| 2020-02-13 09:59:17 | SPCE | sell | $23.740 | short |
| 2020-02-13 10:02:15 | SPCE | buy | $23.738 | 0 |
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