SPCE Trade on Feb 13, 2020 13:22 from beno: Tradervue User Stock Trades.

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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 24.15 to 24.10 death line

Review

Only one fantasy order got hit before it started to pullback, didn't add any lots manually. Stock was was holding up extremely well here so I hit the ask as I wasn't getting filled on the bid.


Execution detail:

Date/time Symbol Side Price Position
2020-02-13 13:22:02 SPCE sell $24.090 short
2020-02-13 13:26:16 SPCE buy $24.000 0


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