Just about 2 weeks back, there was some strength seen in SATS with it beaching the 5.40 level that it has consolidated below for the whole of 2017.
That was a significant move to note and definitely some good price action spotted…
Some targets were drawn to the upside on that move then with indicators also looking good…
See what I mean below…
Over the past few days, we have seen the 1ST target at 5.60 breached and it seems like it is still on its way to our 2nd target as drawn above…
Seeing some support around 5.60 – 5.70 for now where upside can still continue above…
Target may also be revised higher after 6.00… let’s see….
More importantly, the PTI SYSTEM which alerted us to this stock still has NO EXITS yet…
See what I mean below…
We actually had a 1ET Bullish Entry Signal on 3rd Jan 2018 ,Entry price at 5.31.
Just before the move started over the past 2 weeks….
More upside from here? Possible…
Inner circle and I will see when the exit will come out…
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