SATS S58 : TARGETS $4.55

SATS is bullish with a buy signal on 020221 on the 4hr at $3.95 and the dailies on 080221 at $4.05. The medium term trend is up since 091120 last year with buyers pushing price above $3.40 to test $4.55, the pivot point on the longer term monthly charts.

Short Term Trend UP since 020221

Medium Trend UP since 091120

Long Term will turn UP if we break and hold above $4.55

PIVOT $3.95

Long positions above $3.95 target $4.55 and $5.85

Short positions below $3.95 target $3.60 and $2.50