🚀 IS VIRGIN GALACTIC STOCK (SPCE) A BUY AT $40? (45% ROI)

TL;DR
Ricky from Tackle Solutions shares successful Tesla trade, transitions to AMC, and discusses potential in SPCE stock.
Transcript
hey what's going on team it's ricky with tackle solutions a quick little update on my position so you guys saw based off of a video that i uploaded last week i talked about having a little bit over 1100 shares in tesla that amounted to about 719 000 into tesla today tesla pushed up 4.38 i'm not here to encourage you to sell at by any means right la... Read More
Key Insights
- ⏰ Successful locking in of profits in Tesla trade by selling at resistance levels.
- ❓ Transition from Tesla to AMC by capitalizing on AMC's pullback.
- 👾 Discussion on potential opportunity in SPCE stock after recent drop following successful space mission.
- 🧘 Strategic approach to investing with cautious position sizes.
- ❓ Emphasis on managing emotions and being disciplined in trading decisions.
- 😫 Guiding viewers to set alerts, add stocks to watchlist, and follow up on potential opportunities.
- 🉐 Highlighting the importance of incremental selling to maximize gains.
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Questions & Answers
Q: How did Ricky handle profits from his Tesla trade?
Ricky locked in profits by selling his Tesla shares as it approached the resistance level, selling in increments to maximize gains.
Q: What strategy did Ricky employ when transitioning to AMC?
Ricky sold his entire Tesla position and bought 4,000 shares of AMC after observing a pullback in the AMC stock price.
Q: Why did Ricky decide to discuss potential in SPCE stock?
Ricky noticed SPCE dropped after a successful space mission, which he sees as a potential opportunity for recovery to previous highs.
Q: How does Ricky plan to approach investing in SPCE?
Ricky plans to wait for signs of support in SPCE stock before potentially investing, with a cautious approach to managing position sizes.
Summary & Key Takeaways
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Ricky successfully locked in profits from his Tesla trade by selling shares as it approached a resistance level.
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He transitioned to investing in AMC by selling his entire Tesla position and buying 4,000 shares of AMC.
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Ricky discusses the potential in SPCE stock after the recent drop following the successful space mission.
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