Shared by
beno
Fundamentals
New company focused on long term growth in space exploration, no revenues, pure speculation.
Catalysts / News / Painting the picture
-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
-SPCE has caught the eyes of many traders lately, also been in the news as the stock to beat TSLA's run
-Moving with market lately
Technical Analysis
-Intraday pattern: Fade
-Levels: 14, 14.50, 15.30, 16
Original Plan / Strategy
FT-15 long of 13.75 level (A+ level on 15m)
Review
Took a starter in the 90s but I didn't even use my proper lot size due to market weakness fear...
Lessons Learned: Stick to your sizing guide and use proper lot sizes!!!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-04-07 14:51:10 | SPCE | buy | $13.930 | long |
| 2020-04-07 14:55:17 | SPCE | buy | $13.840 | long |
| 2020-04-07 14:57:08 | SPCE | buy | $13.940 | long |
| 2020-04-07 15:00:20 | SPCE | sell | $13.980 | long |
| 2020-04-07 15:00:45 | SPCE | sell | $14.070 | long |
| 2020-04-07 15:01:47 | SPCE | sell | $14.110 | long |
| 2020-04-07 15:01:49 | SPCE | sell | $14.110 | long |
| 2020-04-07 15:02:24 | SPCE | sell | $14.080 | 0 |
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