Virgin Galactic - tracking the breakout

Important levels are on the chart. I am in this for the long haul. This IS financial advice.

Trade ist aktiv:

With no intention of closing!

Kommentar:

look for the price to drop below the rising support line as it reaches the apex for confirmation of a bearish break. The big red bearish arrow is just showing the likelihood of a retest of the rising support line turned into resistance. Position size at this level: 5% of my portfolio. Will increase as I am tracking the bottom if we get a bearish break.

Kommentar:

bullish case: look for an entry at a retest of the rising support line after it breaks the falling resistance line and reaches the first target.