GSAT looks solid

By TradeandGrow
The patter of GSAT looks intresting. It does seem like it is very solid and $1.26 is a strong support.
Maybe the correction is not done yet, but still holding is not the badest idea here.
Due to pitchfan and the direction of the EMA100 and EMA200, I would set the first target for $2.70.

exponentialmovingaveragesMoving AveragespitchfanSupport and ResistanceTrend Lines

Disclaimer