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This is a syndicated repost published with the permission of Slope of Hope – Technical Tools for Traders. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

The July 11th vanity flight of Richard Branson for Virgin Galactic must be one of the greatest “sell the news” events in recent history. I’ve pointed out precisely when the much-publicized flight took place. Considering the stock’s performance since then, you would assume they had all burned up in the atmosphere.

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