GSAT trade ideas
Buy Global Star (GSAT) 8/10/2021You can buy GSAT target 2.4 stop loss 1.19
money management your responsibility.
I recommend entering a maximum of 10% of the portfolio.
Good luck
GSAT may form Bearish Flag pattern. 6/Oct/21GSAT ( Globalstar ) may form a bearish flag pattern where price might stalled at around 6.34 which are 1) Supply Zone 2) Upper Line of bearish flag pattern ..
Adapt to the Market With most of the large caps either dropping or trending sideways you have to be flexible as a trader. From analyzing stock screeners it becomes apparent that the most successful stocks as of now are small caps and pennies. This could be due to hesitancy by many traders to enter into large caps into a unpredictable market. GSAT is dipping to a significant support level and with the increased liquidity in the market a bullish run would not be unexpected. Make sure to watch volume on small stocks and take your most of your profits when they hit your target.
GSAT might fill the gap downGSAT intends to fill the gap before a bounce back. It needs to hold trend line or bounce on the SMA 200. I consider adding some leap calls or shares around $1.45.
Those who play on margin, pay attentionMy personal opinion is that 2.03 is the support area for this cycle, this is a condition wave to run a full full cycle... and the next price zone for me to maximize my profit. Profit at 4$ and next at 6$
$GSAT Apple event today at 1pm easternPossible important levels to watch ahead of the Apple event today at 1pm est. History says the news will be sold and we test the lowest resistance or worse we test the gap fill at 1.45, but a surprise integration could give GSAT the push it needs to minimum get to that top trend/resistance line or more.
$GSAT Wedge Pattern EASY!!Super simple set up here we need volume confirmation to follow through with this trade
Trendline retested andr ready to go next level to test Is 4.4 ... upon confirmation of double bottom.. it ultimately can to the $14 mark
good luck
Yet another sat compBut quite inexpensive, comparatively speaking.
Will do a more thorough and thoughtful TA later tonight or tomorrow.
Until then. Just wanted to note for my memory.
GSATGlobalstar (NYSEAMERICAN:GSAT) The $2.42 area is a critical resistance region that can determine overall bias for the stock in the short-term. Bulls are now attacking the 2.25 price level, a break above could trigger a rally towards 2.42 resistance again. Keep an eye on these levels. Love the look of this hourly chart.
My Idea on why u should wait a bit more to buy GSATThis is just an idea. So PLEASE judge and give ur opinion. I'm getting sick of buying this stock in 1.40 - 1.50 thinking is gonna hit 3$. Just to wait a whole month to sell one cent above what I bought. NEVER underestimate this stock's ability to go down
Bullish Pennant - Nice multi weekly consolidation.Possible breakout up or down with a higher chance of it breaking upward with the anticipation of the "mysterious" advance payment company being identified. Trading above the 200ma, we could possible see new 52 week highs by year end imo. Happy trading!!!
GSAT is good for long term here!!! GSAT touches the trend line on daily chart, you can take risk to entry around $1.45 and wait for a bounce right here. Moreover, it has a gap down at $1.32, and it could fill the gap around there. Anyway, Gsat is a good stock for long term,.
GSAT looks solidThe patter of GSAT looks intresting. It does seem like it is very solid and $1.26 is a strong support.
Maybe the correction is not done yet, but still holding is not the badest idea here.
Due to pitchfan and the direction of the EMA100 and EMA200, I would set the first target for $2.70.
$GSAT Breakout with Volume Targeting 2.5 and 4.3 The condition : Above 2.05
Current 1.88
Targets 2.5 then 4.3
Stops below 1.25
Globalstar seeking to descend. GSATRegression to the mean is what we are seeing wit GSAT. This one shows no evidence of pivoting or impulsing upwards once again. That last impulse was stellar, however.
This is a reflection using technical analysis + only and we do not consider valuation and macro factors at this stage.
The Fibonacci targets going down are highlighted in purples with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
GSAT Channel I see from the Chart, just for Laugh and Gigglesif GSAT enter the channel again and close inside the channel, that would be the first big run-up
After entering and stay inside and channel, GSAT break the upper channel. Even huge upside will be brewing.
Just my point of view
