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: Runner
-Levels: 16, 17.25 - 17.50, 18.50, 19.50, 20
Original Plan / Strategy
First test long of 18.50 level with half dollar and VWAP confluence
Review
FAILED TO GET BIG IN THIS TRADE...
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-04-14 14:54:03 | SPCE | buy | $18.660 | long |
| 2020-04-14 14:54:03 | SPCE | buy | $18.660 | long |
| 2020-04-14 14:54:29 | SPCE | sell | $18.830 | long |
| 2020-04-14 14:54:34 | SPCE | sell | $18.830 | long |
| 2020-04-14 14:54:34 | SPCE | sell | $18.830 | 0 |
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