Virgin Secures Financial Package of $1.5 Billion - Huge Win!

Just an FYI...

If anyone missed this today...

At approx. 1:59 PM today, news was announced that Richard Branson Secured a financial package for Virgin Atlantic of about $1.5 Billion.

barrons.com/articles/delta-co-owned-virgin-atlantic-secures-1-5-billion-rescue-package-securing-the-airlines-future-51594746142

This is also great news for Virgin Galactic Holdings, Inc. because it takes financial pressure off all the Richard Branson companies as a whole.

Also, on another note...

I've heard rumors the FAA gave Virgin Galactic the long awaited license it needs for space travel.

So we should have some great news forthcoming!

Daily Chart

SPCE is trading above the cloud and bounced up off support today to close up for the day, +0.33 at $18.43.

PMO is Bullish
RSI is Bullish
OBV is Bullish
Accumulation is Bullish

Where's the stock going from here? My guess...to the moon!

Best of luck longs!

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The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.