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Tuesday, February 11, 2020

SATS

A nice Gap Up today plus a white bullish bar looks rather positive!
It has managed to touch the high of 5.48 , up 10 cents with quite a good volume looks rather encouraging /healthy that it may likely continue to trend higher.


RSI is showing positive divergence looks rather bullish!



Short term wise, I think it may likely retest the recent high of 4.60.
Breaking out at this level + good volume that may likely drive the price higher towards 4.75 then heading higher to cover up the Gap at 4.83 level that may provide further catalyst to push the price higher.

Not a call to buy or sell.
Pls dyodd.



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