Market Blog Research Technical Analysis

Murmurs Galore For Globalstar Inc (GSAT) – A Consolidated View

Globalstar, Inc. (NYSEMKT:GSAT) saw its shares surged almost 20% to $2.29 per share yesterday on reports it could be up for sale. Antonio's Perspective Looking at GSAT stock's daily chart, we see that last week the stock broke and closed above an important resistance line and is poised to continue higher, towards the 2.92-3 area next. The technical chart also shows the stock is on a bull market, as the