Gogo's 15-min chart shows KDJ Golden Cross, Bullish Marubozu formation.

Friday, Jul 18, 2025 3:47 pm ET2min read

Based on the 15-minute chart of Gogo, a Golden Cross has been triggered, accompanied by a Bullish Marubozu at 07/18/2025 15:45. This indicates a shift in the momentum of the stock price towards a more bullish trend, with potential for further upward movement. The control of the market is currently held by buyers, and it is likely that bullish momentum will continue.

Title: Gogo Inc. Stock Sees Bullish Momentum with Golden Cross and Bullish Marubozu

Gogo Inc. (GOGO) has exhibited a significant shift in its stock price momentum, with a Golden Cross and Bullish Marubozu pattern observed on July 18, 2025, at 15:45. This technical indicator suggests a potential upward trajectory for the stock, with buyers currently controlling the market and maintaining bullish momentum [2].

The Golden Cross, a bullish indicator, occurs when the KDJ line crosses above the D line, indicating a shift in momentum from bearish to bullish. The Bullish Marubozu pattern, characterized by a single candle with no wicks, suggests strong buying pressure. Together, these patterns signal a potential reversal in the stock's downward trend [2].

Gogo Inc. has been performing well in the short term, with the stock price gaining 31.83% since May 14, 2025. The stock price rose 1.26% on July 17, 2025, reaching $16.07. Despite minor fluctuations, the stock has shown resilience, with a 3.81% gain over the past two weeks. The increase in trading volume, along with the positive technical signals, indicates a strong bullish trend [2].

Analysts are cautiously optimistic about Gogo Inc. The stock is currently a Hold/Accumulate candidate, with a predicted fair opening price of $15.95 for July 18, 2025. The stock is expected to rise 97.42% during the next three months, with a 90% probability of holding a price between $30.51 and $36.35 [2].

Gogo Inc. holds several positive signals, including buy signals from both short and long-term Moving Averages. However, some negative signals, such as a sell signal from the 3-month Moving Average Convergence Divergence (MACD), may impact the near-term development [2].

Despite the positive indicators, there is a natural risk involved when a stock is testing a support level. Gogo Inc. finds support at $14.40 and $12.81. If these levels are broken, the stock may fall to the next support level at $12.36. The recommended stop-loss is $15.50, which accounts for the medium daily movements and gives medium risk [2].

Institutional investors and hedge funds have shown interest in Gogo Inc., with several notable investors increasing their stakes in the company. Over the first quarter, OVERSEA CHINESE BANKING Corp Ltd increased its position in Gogo Inc. by 56.2%, owning 30,022 shares worth $9,204,000 at the end of the quarter. Other institutional investors such as Norges Bank, Wealthquest Corp, GAMMA Investing LLC, Northern Trust Corp, and Balyasny Asset Management L.P. have also increased their stakes in Gogo Inc. [3].

References:
[1] https://www.ainvest.com/news/essex-property-trust-15min-chart-sees-kdj-golden-cross-bullish-marubozu-signal-2507-83/
[2] https://stockinvest.us/stock/GOGO
[3] https://www.marketbeat.com/instant-alerts/filing-oversea-chinese-banking-corp-ltd-purchases-10801-shares-of-essex-property-trust-inc-nyseess-2025-07-15/

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