See how the Ascending Triangle is playing out for SATS. View live chart.
Bullish continuation pattern.
Market participants tracking EchoStar should note the latest formation. With a last close of $128.68, volatility remains active (6.7%). Price action has carved out a classic Ascending Triangle. The trend indicator is reading 36.6/100, suggesting moderate momentum. A potential breakout level is identified at $130.0, targeting $155.87 with support near $104.13 (R:R 1.0).
What is your outlook on SATS?