Long $ASTS commons
Timeframe 3-5 weeks for technical trading
Chart patterns:
Falling wedge breakout continuation on week 3 with increased volume & weekly triangle breakout - possible breakout retest & bounce needs volume to take a higher leg up
Entry watch:
1. breakout retest @ $11
2. recent high VWAP retest $12
Target (3-5 weeks):
1. $14
2. $15
Timeframe 3-5 weeks for technical trading
Chart patterns:
Falling wedge breakout continuation on week 3 with increased volume & weekly triangle breakout - possible breakout retest & bounce needs volume to take a higher leg up
Entry watch:
1. breakout retest @ $11
2. recent high VWAP retest $12
Target (3-5 weeks):
1. $14
2. $15