Feb. 12 at 11:01 PM
$SATL Remember,
$35M institutional buy at
$4.73. The World Defense Show in Riyadh just wrapped up which could serve as a near term contract catalyst. The DGI conference on the 23rd also presents a high probability opportunity for a press release. Currently sitting at major support, the 100 and 200 day moving averages align with a key pivot level around
$2.85. RSI approaching 30, it’s definitely entering deeply oversold territory. Setup supports the potential for a strong bounce from here.