nnxx

GlobalStar Bullish Divergence + Breakout of the channel

Long
nnxx Updated   
AMEX:GSAT   Globalstar, Inc.
We have a bullish divergence on the RSI, if we get some upward momentum I expect that we break out of the descending channel.
Comment:
There was a massiev short squeeze. The price almost doubled in a matter of seconds. Stil waiting for upward break.
Comment:
Started new upward trend
Comment:
very interesting stock, they are creating a merger. not sure will it go trough
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