SPCE has been good to me and I re-entered with a full position today after being in and out quite a few times as depicted on my chart ( excuse all the notes , I know its a little overwhelming ). Please ignore the notes they are irrelevant tot this idea . SPCE has announced a space flight is planned for approx. 3 days and 10 hours .This particular flight is fully crewed and Branson is attending. Their website base a timer counting down too btw.
I think that if the flight is a success the stock will run and if it is not we will see price plummet . It is as simple as that in my opinion .
But, This time with Branson also tagging along, odd are probably in our favor for a successful operation. So , I decided to re-enter this again as a new trade .
I highly suggest looking at SPCE's website . Its pretty cool and you will see that there are quite a few additional "nuggets" on there that will likely lead to additional runs in share price such as the "BECOME AN ASTRONAUT" section where they say
"This year, we’ll be making a limited number of tickets available for future spaceflights. Take the leap with us as we get one step closer to filling the world with astronauts."
There is really so much potential here .
Just keep in mind though that anything negative , perhaps a postponed flight or unsuccessful/aborted mission , will almost guaranteed tank the share price . That should be considered to help you manage risk .
I have decided to bet on a move to the upside though and a successful mission .
I think that if the flight is a success the stock will run and if it is not we will see price plummet . It is as simple as that in my opinion .
But, This time with Branson also tagging along, odd are probably in our favor for a successful operation. So , I decided to re-enter this again as a new trade .
I highly suggest looking at SPCE's website . Its pretty cool and you will see that there are quite a few additional "nuggets" on there that will likely lead to additional runs in share price such as the "BECOME AN ASTRONAUT" section where they say
"This year, we’ll be making a limited number of tickets available for future spaceflights. Take the leap with us as we get one step closer to filling the world with astronauts."
There is really so much potential here .
Just keep in mind though that anything negative , perhaps a postponed flight or unsuccessful/aborted mission , will almost guaranteed tank the share price . That should be considered to help you manage risk .
I have decided to bet on a move to the upside though and a successful mission .
Note
just sold half at 49.84. Volume anomaly( high spread, lower comparative volume ) today with signs of market maker selling into strength . Hoping to re add tomorrow morning or tonight . But either way holding half with original stop still in action .Note
Still holding my half from first position but initiated a new separate position this morning too with stop at lod. Hoping to partially scale out of that one before close and hold rest through weekend . Looks like we are putting in a higher low for the day as I write this ( 5 min tf) ....Note
completely out of spce as of this morning .艾力克~
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艾力克~
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.