Nice falling wedge into volume support, could be a nice spot for a pop.
Victory Capital Management Inc. purchased a new position in shares of Gogo Inc. (GOGO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 28,216 shares of the technology company’s stock, valued at approximately $272,000. Other institutional investors have also made...
GOGO should test the .786 retracement and VPOC soon. This would be a good long swing.
inverse head and shoulders on the daily
Looks like an inverted head and shoulders bullish pattern. TP1 : 19.1 TP2: 23.15 There is support at the 14.75 level. If this breaks, next support would be 12.40.
Not exactly rocket science
What a move today in GOGO! Broke above the weekly channel. I took some profits on Mar 13c. Will look to re-enter this one when a good buy zone presents itself. This might get crazy like GME.
We are in a bubble. It's a short interest bubble. You see bubble form, you buy deep OTM calls. Target is 20s.
DELTA is crazy high and extended. You can see that GOGO attempted a break out but failed and now should head back down toward $9 maybe even $8.50.
GOGO working on a breakout from this long consolidation. The longer the base the better the break if it goes. So this is worth watching. Risk is a close below my smaller tan box. Targets will be added if its break.