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retailmonkeybrainz
Dec 8, 2023 7:08 PM

After a 100% blast off is ASTS out of fuel? Short

AST SpaceMobile, Inc.NASDAQ

Description

ASTS is off its lows by 100% with a large negative divergence on the daily stochastic. It's also up against a long term trend with a rather bullish looking candle. I'm looking to short any breakout above the trend and let the divergence resolve. Additionally, the company is running low on cash and funding is in the works. Raising cash is usually bearish.

Comment

:)

Comment

back to the level where the divergence started

Comment

aaand there's the funding lol. what a crap stock
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