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Realamh
17 jul 2021 18:18

SPCE: Nobody saw an offering coming!  Kort

Virgin Galactic Holdings, Inc.NYSE

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Well played, Virgin Galactic!

SPCE is far away from being done. Another 23% down to 23 is expected in the incoming weeks. I'm expecting the gap from May to be filled before our next move up. Those who bought this at the top thinking it will go to 80, like I said in my previous post, the run to 80 will happen but should take some time. The company has proven itself on its path forward. Their commercial fights will soon take off and more investors will pour in again. But for the time being, buckle up! This ship is going down.

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We see accumulation around 30. This could be a sign of reversal or continuation. Most likely the latter. Let's see.

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almost there.

Trade stängt: målet nått

Kommentarer
OrcChieftain
That would be nice. My entries are 25 - 40 - 50 and I close 25 one when it was up. I would love to reopen this cheap one.
bappykhalidhasan0
nice idea
Sam6577
Short it, you will cover alot more
Realamh
@Sam6577 not really. Ever heard of protective calls? Anyways, learn how to play both sides.
AIcapitalist
I totally agree with you! We were all surprised by the offerings. They played their investors in short-term but in the long-term this offering would help initiating the commercial flights and eventually boost their price to much higher levels.
Mer