Weekly Bull Flag Pattern.

6 באפר׳ 2021

Not an advisor. Showing the Daily Chart here for price action. Weekly Chart shows a massive bull flag. I suspect we breakout hard here then retrace, maybe to the 2.15-2.30's (big maybe) We will certainly retest $3 rather quick in my opinion. This chart is strikingly similar to MVIS. Weekly Bull flag created from the quick bear correction in the market. GSAT unloaded a lot of DEBT just recently, they have $6 million more that they will have paid off by the end of the year. Chart suggests something is to come, its April 6th today. I feel like we get a PR the 7th. Something is up here. I believe this company is undervalued, believe they could face some strong growth with more announcements. Patiently waiting here.

14 באפר׳ 2021

הערה

MACD did a head fake... Time just got extended in BEARISH territory. Hoping that its just a head fake for options expiring this week... Monday better things to come?? I certainly hope so, GSAT has potential to do some key moves. Overall the market is still lagging behind the big index rallies. Kind of just head scratching at the moment waiting for the small caps to start really gaining some more momentum. So many charts facing the same patterns right now, its just a matter of when they choose to go. Again patiently waiting on this.