GSAT has formed a double bottom and the down trend line has been broken and is currently back testing the now support line. Info is good, Q report showed =.01 cent profit / share as apposed to projection of -(.02 ) cent / share. Massive short position could get squeezed soon. Performance this week is 13% performance this month is 29% my target is $2.50 Market...
Inverse head and shoulder, if neck line broken? If dollar rises, stocks do as well, commodities drop.
Shorts have lost control and AGEN stays in up trend channel 11 million short shares will have to cover at some point.
If the dollar breaks out to the upside, then stocks rise and gold/ commodities drop.
Successful double bottom is in. next move is up. Check out AGEN, already moving up, good product line on the way, successful tests.