$GOGO ready to GOOOO to the MOON? idk but it looks ready with MACD crossing and stochastic crossing too
High Tight Flag with big accumulation volume is a recipe for succuess
Keep in mind I am not a financial advisor and this information is strictly for educational purposes only.
For the last 6 months NASDAQ:GOGO is consolidating in what appears to be bullish flag.
Right now price is close to multiple support levels, and with healthy MACD divergence, reasonable to expect potential bottom around current area soon enough. Thus long entry might be attempted.
$GOGO looks to have broken its bull trend line. We believe prices are heading lower. The key support level to watch over the next few days is the 200 day moving average of $4.91 a share. If that fails to hold, we are looking at a target price of between $3 and $4 a share. $GOGO bulls needs to be cautious here.
Last week, $GOGO reported earnings and here are the...
NASDAQ:GOGO shows constructive pattern for another leg higher. Retraced 50% of Aug-Sep rally on really low volume, and now is approaching potential support.
Good levels for low risk entry now, targeting another potential ~100% rally
Gogo, Inc. engages in the provision of in-flight broadband connectivity and wireless entertainment services. It operates through the following segments: Commercial Aviation North American (CA-NA); Commercial Aviation Rest of World (CA-ROW); and Business Aviation (BA). The CA-NA segment offers a broad range of connectivity and entertainment services to commercial...
NASDAQ:GOGO updated. I broke down from the last bull flag to the support from the bull flag before. Making it only a bigger bull flag with more consolidation. Today GOGO broke out of this bull flag fueled by a good earnings report. Still holding full position. Above $7 is long!
bol="NASDAQ:GOGO"]NASDAQ:GOGO keep looking strong the entire time (even during when markets go down). It is now makeing a bull flag on top of another bull flag. In the new bull flag we can see a asematrical inverse head and shoulders pattern. This one seems to go higher once again.
I like GOGO to move off this current support and make its way to the $27 range which is a mirror in length as shown in Orange and hits a 1.618 if you like your fibo's. Some resistance (or first targets) would be at the old high of $22-ish, and the $24-$25 zone from previous highs and where I think the 1.27 could chew up some momo.