Mavski

GSAT - launch

Long
Mavski Updated   
AMEX:GSAT   Globalstar, Inc.
Excellent opportunity here. Tight stops as always, but a great R/R
Comment:
ignoring proper risk management here for a little bit. if there not a quick recovery or if further down below 33 , will cap it. the setup for a medium term gain just looks too good
Comment:
oof. hasnt dropped 33, but not the weekly I was hoping for. But still in. as I read from someone.. "The best thing it has going is that it does not have much more downside risk." Im going to agree with that and hold the bag. A 10% up move would do wonders for it, but will see. Pennies.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.