GOGO looks like it could be consolidating at the $20 mark and getting ready for the next leg up to retest highs at $23.69. Volume has been drying up in this base and recent pocket pivots suggest institutions could be buying this up. With volume a move over $21 could see $23 again and possible ATHs
$GOGO :
BASIC TECH ANALYSIS
The chart shows an obvious pattern after every huge pump there is a small 25-30% dip before retesting the ATH and supposedly reaching a new one. After that we see the big dip of about 50%. Currently, we are at the 25-30% dip, so we can expect a retest of the ATH and maybe reach a new one.
This is my first published analysis, i tried...
GOGO - To join S&P SmallCap 600 on April 8
- looking for a move towards 24 area and test of resistance and establishing of support before making move higher
Gogo Inc ( NASDAQ:GOGO ) is approaching resistance in its channel near $20-$21. It may be a good short opportunity at this level. However... waiting for it to dip and hold below the 10 EMA (pink line) may be a better short entry. The worry here is a squeeze with an 80M float and 37% short interest if the market continues its upward trend (or there is a melt-up)....
www.tradingview.com
NASDAQ:GOGO
-Beautiful triangle about to breakout on the 4 hours chart.
-Sector communication in downtrend since 1 month
-To keep on watchlist
Ascending Triangle awaiting confirmation.
May happen as soon as tomorrow.
Broke the 15.50$ resistance today, with volume.
If confirmed:
Price Target = 27.81$
Stay humble, Have fun, Make money!
$GOGO getting a pop today one day after the White House announced mask mandates through the holiday season, should we buy the news or will this be a holiday humbug?
33% of the float in $GOGO is short - and growing. Probably needs to rest a bit, but if it breaks out from this consolidation pattern a squeeze could be on tap.
So this is the sexiest monthly chart of all time lol. Talk about straight pattern, lines, tops and bottoms. Anyways I am going to set some alerts on this one I think it will actually completel reverse trend soon. Once again a matter of when, but absolutely coming to and end here.
Fifth count of the pennant at localized .786. This is a tight stop loss trade for me but I think there is huge reward. Close to 40% short intertest on this stock, so a leg up could cause a huge leap. It clearly is still in an uptrend so the pennant holds. I think it looks to be a 1-2 1-2 by the chart, so I am targeted 23 buy July. Stop-loss is around 9.25 for me personally
Price action today probably screwed a lot of people if I had to guess. Nasty reversal. Chart still looks solid tho as it's still in the channel & forming an inverted h&s. Started a position today with a channel break as the stop.
