Bottom forming / consolidation on $GSAT - 5G play. Holding 10k shares since .44. I believe this could be headed 1.50 at minimum within a few months, first stop around 1.10. Needs a strong catalyst. Do your own due diligence.
Good luck!
GSAT has formed a double bottom and the down trend line has been broken and is currently back testing the now support line.
Info is good, Q report showed =.01 cent profit / share as apposed to projection of -(.02 ) cent / share.
Massive short position could get squeezed soon.
Performance this week is 13% performance this month is 29%
my target is $2.50
Market...
Bearish trend line in a time line over 6 months, described by Japanese candles with a one-hour timeframe, in which they describe by the descendant movement of stock prices of the company Globalstar, Inc.
Bearish trend line in a time line over 6 months, described by Japanese candles with a one-hour timeframe, in which they describe by the descendant movement of stock prices of the company Globalstar, Inc.
Bearish trend line in a time line over 6 months, described by Japanese candles with a one-hour timeframe, in which they describe by the descendant movement of stock prices of the company Globalstar, Inc.
Bearish trend line in a time line over 6 months, described by Japanese candles with a one-hour timeframe, in which they describe by the descendant movement of stock prices of the company Globalstar, Inc.
$GSAT is looking great guys! The set up is beautiful! Aroon indicates a reversal coming. Great recent news with the announcement of Sat-fi 2 finance.yahoo.com
Not to mention an anticipated earnings report. I'm bullish long on this. Follow that Fib to find your Entry and Exit points! Don't forget to...
GSAT has recently touched on it';s resistance at $2, stoc reveals oversold most recently, a green candle has formed indicating a reversal
Be weary of volume though, it isnt high enough to indicate a true reversal yet
Globalstar, Inc. (Globalstar) provides mobile satellite services (MSS), including voice and data communications services globally through satellite. The Company provides wireless communications services in areas not served or underserved by terrestrial wireless and wireline networks and in circumstances where terrestrial networks are not operational due to natural or man-made disasters. It offers voice and data communication services over its network of in-orbit satellites and its active ground stations (gateways), which it refers to collectively as the Globalstar System. The Company's services are available only with equipment designed to work on its network two-way voice communication and data transmissions (Duplex) using mobile or fixed devices, and one-way data transmissions (Simplex) using a mobile or fixed device that transmits its location and other information to a central monitoring station, including certain SPOT and Simplex products.
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GSAT
![GSAT: [Long term] GSAT](https://s3.tradingview.com/y/Y0muhUyR_mid.png "[Long term] GSAT")
