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Sunday, May 3, 2020

SATS

Chart wise, we had witnessed a nice breakout last Friday coupled with high volume this is rather positive!


The current price of $3.28 is staying above it SMA lines + MACD is rising up nicely likely to see further upwards movement fron here.

Short term wise, I think it may likely  move up to retest $3.40 .
Breaking out of $3.40 plus high volume that may likely drive the price higher towards $3.50 then $3.60 with extension to $3.80 level.


Not a call to buy or sell.
Pls dyodd,


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