SPCE Time for a Little Risk Off Pullback to the 8day MA
Zaktualizowano
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.
Uwaga
My trade has been initiated when SPCE was at $27 - $24 strike puts
trade at your own risk
Zlecenie aktywne
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..Zlecenie aktywne
Breaking down end of day most likely... Uwaga
Distribution continues into the afternoon.Uwaga
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
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