takemoreprofits

Channel line / 200 day ma bounce

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NASDAQ:GOGO   Gogo Inc.
On trend line support and touched the 200 day moving average. The price has to move up in order to confirm stochastic divergence. Once confirmed, expect a move towards the top of the channel.

Buy: 12.00
Stop: 11.60
Target: 12.81 - 13.55 (6.75% - 12.92%)

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