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livingdraculaog
Sep 8, 2022 3:05 PM

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

Globalstar, Inc.Arca

Description

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.
Comments
Tradersweekly
Thanks for sharing your thoughts.
livingdraculaog
@Tradersweekly, thanks for commenting.
If you liked this check out my post on ENVX and compare it to loop capitals analysis.
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