$GSAT Leads Space Rally as $UFO Breakout Attracts High-RVOL Flows

jfsrevg
03-27 06:46

$Globalstar(GSAT)$ — +10.3%, leading the $Procure Space ETF(UFO)$ group with the strongest RVOL surge, breaking out of a bullish failing wedge

While $UFO led as the top intraday group mover and cleared its base on +200% RVOL to reinforce its status as the strongest 1-month RS group, the most aggressive RVOL expansion came from $GSAT at +400%, before both names saw a pullback from their respective 52-week highs resistance.

Other notable movers in the same group with RVOL expansion exceeding $UFO includes $EchoStar(SATS)$ and $Firefly Aerospace Inc.(FLY)$

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