It's Monday and while it's Monday blue for most people, it's a bright sunny day for the stock market. Having coffee while planning for the next trade like Virgin Galactic where my guy rode up a 220% gain since last year. The chart was beautifully setup back then when the flush happened while most traders were fear of touching and buying the stock. Me and my traders were actively buying the stock with most of the cash we had and now spce just shot up to a high of $62 before simmering down a little. It's really not difficult to pick such stocks while I think the tough part was to believe in it and hold through all the noises. From the flushes where it happened at the bottom to finally the long elongated breakouts on every step up, this stock is just a pure speculation play with revenue yet. The next test flight is coming and should it failed again, I expect the stock to tank one more time. Tonight might be the night to lock in $$ to avoid any mishap.
Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the public internet. All analysis are based on my own personal view and years of experience. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion and practice due diligence.
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Monday, February 8, 2021
Virgin Galactic - Riding a 220% Up Wave
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