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TradeandGrow

GSAT looks solid

Long
Globalstar, Inc. (AMEX:GSAT)  
TradeandGrow  
AMEX:GSAT   Globalstar, Inc.
Trend Lines Support and Resistance Moving Averages pitchfan exponentialmovingaverages
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trendline supportandresistance movingaverage pitchfan exponentialmovingaverages
The 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.

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