Virgin Galactic Holdings, Inc.

Long

$SPCE Virgin Galactic - Cup & Handle 20%+ Upside

By Triple_Barrel_Capital

Updated

Virgin Galactic - Cup & Handle 20%+ Upside
For confirmation, wait for a close >$22.40 (likely today or Monday)

Target: $27.50 by early November

Additionally, we saw some bullish options activity today:
2.1M of $23.00 strike (ATM) 10/23 calls traded (5x OI)
800K of $23.50 strike (OTM) 10/23 calls traded (13x OI)
700K of $24.00 strike (OTM) 10/23 calls traded (4x OI)

Note

Note: This is NOT investment advice.

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