GSAT has formed a double bottom and the down trend line has been broken and is currently back testing the now support line. Info is good, Q report showed =.01 cent profit / share as apposed to projection of -(.02 ) cent / share. Massive short position could get squeezed soon. Performance this week is 13% performance this month is 29% my target is $2.50 Market...
$GSAT is looking great guys! The set up is beautiful! Aroon indicates a reversal coming. Great recent news with the announcement of Sat-fi 2 finance.yahoo.com Not to mention an anticipated earnings report. I'm bullish long on this. Follow that Fib to find your Entry and Exit points! Don't forget to Like and Share the wealth! SoWaVvY Trading
GSAT has recently touched on it';s resistance at $2, stoc reveals oversold most recently, a green candle has formed indicating a reversal Be weary of volume though, it isnt high enough to indicate a true reversal yet
Okay, okay, okay ... . It is likely that this company is a ginormous turd pile, but the implied volatility in it is high, so I'm pulling the trigger here on it as a small speculative trade. Metrics: Bought 100 Shares at 1.61 Sold Oct 21st 2 call Whole Package: 1.37 db Max Profit: $63 ROC: 46%
Some back & filling here creating a pennant and at the same time testing breakout area 3.09... in the end....further up Safe trading ladies and gents! @BLawrenceM Music at work: www.youtube.com open.spotify.com If you find my charts useful - consider following me on Twitter. I do updates there on my TV-published charts and annonces quick scalp plays all day long.