Tuesday, June 8, 2010

SATS

Key levels
Resistance 2: $2.80
Resistance 1: $2.65
Support 1: $2.50
Support 2: $2.35

SATS is trading between the 100‐ and 200‐day EMA. Momentum may be weak in the near term with 14‐day RSI reading below the neutral level. Short term trend remains down and previous support near $2.50 may be tested.

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