SPCE Trade on Apr 30, 2020 13:00 from tradelikelarry: Tradervue User Stock Trades.

Trade Planning:

• 195m Chart: Uptrend, Consolidation below recent highs.
• TTM Squeeze: none
• **Earnings Date: 5/5* **

Reason For Entry:

• Entered trade at buy zone (8ema). SPCE is in a pattern of consolidation below recent highs.

Reason For Exit:

• Took a nice Profit at the 61.8% fib level for a 30% win. Let the rest ride and added to the position at support level. Price dropped and closed the trade for a small loss

Recap:

• Nice entry at the correct zone. Scaled out at the first profit level for nice 30% win. I am disappointed to say that I added to the position and closed the position at a lower level for an overall loss. I had the win and let it go. Lock in the win and don't let the trade get away from you is the takeaway.