$SPCE can rise in the next days
Updated
Contextual immersion trading strategy idea.
Virgin Galactic Holdings, Inc., an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States.
The share price rose after analysts at Bank of America (BAC) had initiated coverage on Virgin Galactic (SPCE) Monday with a buy rating and a 35 price target.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $20,45 ;
stop-loss — $18,67.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Virgin Galactic Holdings, Inc., an integrated aerospace company, develops human spaceflight for private individuals and researchers in the United States.
The share price rose after analysts at Bank of America (BAC) had initiated coverage on Virgin Galactic (SPCE) Monday with a buy rating and a 35 price target.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $20,45 ;
stop-loss — $18,67.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Trade active
stop set at $19,48Trade active
1/4 closed at $22,23stop set at $20,35
Trade active
stop set at $20,67Trade closed: stop reached
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