Thursday, July 15, 2010

SATS

Resistance 2: $3.00
Resistance 1: $2.90
Support 1: $2.65
Support 2: $2.55

Price action of SATS resembles that of SIA. Prices are above the moving averages. A bearish divergence signal formed on Stochastic suggests the possibility of a pullback. RSI is reading above the neutral level.

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