SPCE Time for a Little Risk Off Pullback to the 8day MA

14 thg 2, 2020

Purely speculation here, but with earnings 11 days away I can see this pulling back a little bit maybe down do $22 prior to earnings. (There are none). This is a hopium/growth speculation for most out there. Broke out recently because people reaching for growth.

14 thg 2, 2020

Ghi chú

My trade has been initiated when SPCE was at $27 -

$24 strike puts

trade at your own risk

14 thg 2, 2020

Giao dịch đang hoạt động

You buying up here? Goodluck trading this on hopium and no actual earnings yet only expenses. If this chart don't make you bearish from this particular level... whew..

14 thg 2, 2020

Giao dịch đang hoạt động

Breaking down end of day most likely...

14 thg 2, 2020

Ghi chú

Distribution continues into the afternoon.

14 thg 2, 2020

Ghi chú

Nothing convincing either way yet, will probably come down to power hour much like yesterday. But price action would suggest selling action into the close. (Not guaranteed as we all know).



RobFlorio raither0419