donaitelo

SPCE - Breaking through the Triangle

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NYSE:SPCE   Virgin Galactic Holdings, Inc.
Hello everyone,

We are moving inside a triangle and the price is sitting on a huge support line. I would say that most probable scenario would be for us to break to the upside and reach 65$-70$.

- If we break through with high volume, then the trading idea is Active
- If we break bellow the support, I expect us to hit 30$-25$

As I said, I am expecting a shart rise to 70$. The smartest thing to do would be to wait for a confirmation of the direction and follow the movement.
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