It all depends on earnings and guidance. There is 32% short float, so gas for the fire if GOGO moves up. GOGO dropped when competitors announced they were entering the space. One thing I can say is that people cannot put down their phones. Business travelers want to work while flying. Demand and speed is only going to increase. Who will deliver is the question.
There is definitely support at $20. It could go up a bit, pull back to $20 then shoot to $25. It's very clear on the weekly chart. 35% short float could push it quickly up.
Been in since then too. Added more on the way down. Finally in the green. Chart looks to the upside.
I knew there would be some hacks over the 3 day weekend. Bitcoin exchange BTER hacked, offline for $1.75 million as well.