Being a trader, as we know, is very difficult, one of the most difficult jobs in the world, and doing it full time is a constant challenge against yourself, as well as against the market.
However, it sometimes happens that all forecasts turn out to be correct and a trade goes exactly as hoped for.
This is the case with Virgin Galactic (SPCE).
Entered after the break of the bearish trendline, in the $ 35 area, I had set as a target of 59.95, close to June 28th.
Immediately, since the GAP up on June 25 was very important, I entered a stop profit, below the low of the candle of 28, then taken exactly the following day.
Too bad for the target not taken for a few cents, but still a relatively short trading operation with an excellent ROI.
As always, I enclose the closure of the transaction for transparency. (Blog: http://saveandinvest.press/)
Save & Invest
DISCLAIMER: I am not a financial advisor nor a CPA . These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.