livingdraculaog

why GSAT may lose stream around $2.5 or ...

Long
AMEX:GSAT   Globalstar, Inc.
Here is an example of macro-analysis on GSAT. Here we use weekly with renko, volume based opacity candles (less color, less or bearish volume, soldi is bullish or high volume) and trend-based colors we attempt to significantly reduce the noise associated with meme stocks as well as identify the beginning, middle, end a trend in either direction. For support and resistance we are using the woodies pivots set to yearly and showing the previous history. The band shown is the weekly 21 sma/ 20 ema.

I don't really have anything else to say because I'm not trying to convince anyone on a position here.
I just found the visualization interesting and i'm still going over the data so I figured I'd share it.

Enjoy it, hate it, don't really care.
Have a great day, leave a comment if you found this interesting.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.