Let's check out the latest charts of this mobile satellite communications company.
In the daily bar chart of IRDM, below, we can see how rallies into the $27-$28 area have been rejected. Prices pulled back to the $21-$20 area twice but since the October low the price movement is different.
Now we can see higher lows in December and January. Prices are above the rising 50-day moving average line and above the still declining 200-day line.
IRDM just pushed up to a new high with the On-Balance-Volume (OBV) line turning up and the Moving Average Convergence Divergence (MACD) oscillator is also turning positive.