SATS (EchoStar Corporation) just went full rocket mode!!

SATS (EchoStar Corporation), following the SpaceX/Starlink deal:

SATS just went full rocket mode, pulling off a monster parabolic rally from ~$10.50 to $110, marking a 950% gain in just weeks.

EchoStar just announced a $17B deal with SpaceX/Starlink to sell its spectrum licenses, instantly re-rating the company's valuation.

Multiple news outlets confirm the deal; this is institutional magnet material and a paradigm shift for SATS’s future revenue model.

Breakout from accumulation began late July, but the true vertical liftoff started after early September's volume expansion — classic news-driven breakout.

📊 Performance Stats:

1M: +600% 🚀

3M: +725%

YTD: +850%

RSI: Extremely overbought — potential for bearish divergence soon, but no current signal on 4H.

🎯 Trade Idea (No Trade!! Wait for Pullback Entry):

💡 Caution:

This is post-news volatility — late longs = risky.

Consider wait-for-retrace setups if you're not already in.

“Buy the rumor, sell the news — unless the news is $17B from SpaceX.” :)

⚠️ Disclaimer:

This is not financial advice. High-momentum trades carry elevated risk. Use proper position sizing and risk control.