SATS: Continue Down Trend!

SATS is closing in the price target of $2.57 after breakdown a Multiple Tops chart pattern. SATS is currently trading trading below 20D, 50D and 200D and the down trend may continue to $2.256 (61.8% Fibonacci Retracement Level).  SATS may rebound at about 78.6% Fibonacci Retracement Support level before continue to down trend.

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