SPCE - RIDE IT FOR A SHORT RIDE UP, THEN A LONG RIDE DOWN
Updated
Perfect Set-up here with low risk, ride it back up to the .5fib fib retracement, and then all the way down to profit targets at 1:1 fib ext, or 1:1.5, 1:1.618 extensions. Potential for big profit here if you can ride the swings right.
Note
the risk to reward here is insane. almost 9:1. Love these trades.
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