Astspacemobile

Can AST SpaceMobile Deploy Fast Enough to Win?AST SpaceMobile (ASTS) cleared a real hurdle on June 17, when a SpaceX Falcon 9 launched its BlueBird 8, 9, and 10 satellites from Cape Canaveral. These are Block 2 craft, the largest commercial communications arrays ever deployed in low Earth orbit at roughly 2,400 square feet each, capable of up to 120 Mbps directly to standard, unmodified smartphones. The launch lifts the constellation to nine operational satellites. That is a genuine milestone, but it should be read against the scale the business actually requires. The moat is real and increasingly well-supported. AST's differentiator is connecting ordinary phones with no special hardware, and the regulatory and commercial pieces are falling into place. The FCC has authorized commercial SpaceMobile service in the US, the company touts the industry's largest carrier ecosystem with partners including AT&T and Verizon, and it reports over $1.2 billion in contracted revenue commitments. For a company still selling a future network, that is meaningful validation that demand and spectrum access are not the binding constraints. Execution and capital are. Nine satellites is a long way from the roughly 45 AST needs in orbit by year-end to deliver continuous service, and the path runs straight through its launch providers. April made that risk concrete, when Blue Origin's New Glenn failure destroyed BlueBird 7 and forced the pivot to SpaceX. The financials underline the gap, with first-quarter revenue near $14.7 million against expectations of about $39 million and a net loss of roughly $191 million. And Starlink, backed by SpaceX's own launch capacity, is racing into the same direct-to-cell market. The honest read is that ASTS is a credible technology leader priced as a venture-stage bet. The stock near $87 sits well below its $134 May high, with a Hold consensus and an average target around $85 implying little near-term upside. The single most important variable is launch cadence. Reaching roughly 45 satellites by year-end would convert the thesis from promise to product, while another failed or delayed launch would reset it. This is an asymmetric, high-conviction position for investors who can tolerate dilution and binary launch risk, not a steady compounder.

by TradeThePool

What next for AST SpaceMobile?What’s Next for ASTS Following the Blue Origin New Glenn Rocket Explosion? Following the recent explosion involving the New Glenn rocket from Blue Origin, market attention has shifted toward the potential impact on space-related assets, including ASTS. From a technical perspective, the stock may still experience additional downside pressure in the short term. Personally, I will be watching closely for a possible retracement toward the critical $103–$100 support zone. This area appears to be a key accumulation region based on current price structure and historical support behavior. From a mid-term to long-term outlook, the $130 zone remains an important target if bullish momentum returns and broader market sentiment stabilizes. At these lower support levels, a disciplined dollar-cost averaging (DCA) strategy could provide a favorable opportunity for gradual accumulation rather than attempting to time the exact bottom. For now, patience remains key. I will be monitoring price action closely and preparing to gradually build positions if the asset approaches the identified support range. SHARE YOUR VIEW 1. What’s your view on ASTS at current levels? 2. Do you see this pullback as a buying opportunity or a sign of further weakness ahead?

$ASTS Short - Liquidity Zone in Focus Signal: Short Price: 110.82 ASTS is a Short based on the recent news about SpaceX and its technical picture. Even though the broader structure has been strong, the latest daily candle shows a sharp rejection after price extended above the upper Bollinger Band, suggesting the move became overstretched and is now vulnerable to mean reversion. Price is still above the moving-average stack, with the 20 EMA around 96.90, 50 EMA around 89.90, 100 EMA around 86.17, and 200 SMA around 76.69, but the large red candle signals that buyers are losing control at elevated levels. The ADX is around 24.43, showing trend strength is present, while +DI near 33.96 remains above -DI near 16.73, so this is not a full trend reversal yet. However, the combination of upper-band rejection, extended price action, and a strong bearish candle supports a short-term Short thesis, especially if price continues to fade back toward the rising EMA support zone. AST SpaceMobile is facing intensifying downside risk as execution setbacks and a deteriorating financial profile collide with tougher competitive dynamics in the satellite communications sector. The company posted a sharply worse-than-expected Q1 2026 adjusted loss of $0.66 per share on just $14.73 million in revenue, reinforcing concerns about limited near-term monetization while cash burn remains elevated following a 2025 net loss exceeding $340 million and ongoing heavy capital needs for satellite manufacturing and launches. Operationally, the BlueBird-7 mission failure raises fresh doubts about meeting the 2026 deployment goal of 45–60 satellites, with a potential shortfall and delays that could push out revenue ramps tied to partner commitments that are still largely back-loaded and unproven at commercial scale. Adding to pressure, a prospective SpaceX IPO or secondary offering—paired with accelerating Starlink direct-to-cell progress—could further concentrate investor capital toward the category leader, highlighting ASTS’s relative scale and execution disadvantages and increasing the likelihood that bridging the plan requires additional, potentially dilutive financing.

by fichresearch

ASTS — WCL Reaction Zone Meets the Space Broadband Catalyst NASDAQ:ASTS is trading at an important structural location. Price has now pulled into a higher-timeframe WCL zone while also reaching the downside bearish ABC target area . From a structure perspective, this is a logical reaction zone. The bearish sequence has delivered price into its projected draw, and sellers may begin losing efficiency if price fails to continue lower from here. But because this is a stock, the chart is only half the story. AST SpaceMobile is not a mature cash-flow machine yet. It is a high-upside space/telecom execution story. The company reported $70.9M in full-year 2025 revenue , with Q4 revenue of $54.3M , showing that the business is beginning to move from story into revenue generation. It also reported over $1.2B in contracted revenue commitments , which gives the bull case real substance. The catalyst side is strong. The FCC recently approved AST’s applications to operate a 248-satellite constellation and provide supplemental coverage from space with mobile partners. That is a serious regulatory milestone for the direct-to-device broadband story. But the risk side is just as real. ASTS is still loss-making, trades at a rich valuation, and depends heavily on execution. The recent BlueBird 7 issue , where the satellite was placed into a lower-than-planned orbit and will be de-orbited, is a reminder that execution risk is not theoretical. It is live. So this setup should not be treated as “price is low, buy it.” The cleaner view is this: ASTS has reached a strong technical reaction zone while the long-term business narrative remains alive, but the stock still needs confirmation before the bullish case deserves trust. For the bullish case to strengthen, I want to see price defend this WCL/ABC target overlap, sweep liquidity, shift structure, and begin reclaiming the lower side of the prior BC range. A reclaim above the $75–$78 area would be the first clue that sellers may be losing control. If that happens, the next upside areas I’m watching are: $88–$90 — prior BC range / resistance $100–$110 — WCL/supply reaction area $120+ — prior high-liquidity target zone Until confirmation appears, this remains a watchlist setup , not a prediction. Technical thesis : WCL + ABC target confluence Fundamental thesis : Revenue inflection + FCC approval + satellite rollout story Main risk : Valuation, losses, dilution/execution risk, satellite deployment setbacks Confirmation needed : Sweep → MSS → reclaim Invalidation : Acceptance below the WCL zone ASTS has the kind of story that can attract aggressive buyers, but the chart still has to prove it. Structure first. Business context second. Confirmation before conviction. Not financial advice.

$ASTS — The 50 MA Flipped to Resistance. Now What?NASDAQ:ASTS (AST SpaceMobile) ran from $5 to $130 in under a year. Now it's at $78 and the MA structure is telling a very different story. ━━━━━━━━━━━━━━━━━━━━ 📐 What the MAs show: The 10 and 20 MAs have crossed below the 50 MA. That's the opposite of alignment. That's breakdown. When shorter MAs cross below longer MAs, it means recent buyers are underwater and the trend is deteriorating from the inside out — even if the 150 and 200 are still below price. Current stack: 10 < 20 < 50 — bearish short-term structure sitting on top of still-bullish long-term MAs (150/200). That's a war zone. ━━━━━━━━━━━━━━━━━━━━ 🎓 The Educational Part — When the 50 MA Flips: Most traders watch the 50 MA as support. "It bounced off the 50 last time." True. But here's what they miss: When the 50 MA gets broken from above and price fails to reclaim it — the 50 flips from support to resistance. That's exactly what's happening on ASTS right now. Price broke below the 50 MA (~$93). Tried to reclaim it. Failed. Now the 50 is acting as a ceiling. The moment support becomes resistance, the character of the trend changes. ━━━━━━━━━━━━━━━━━━━━ 📊 The MA Hierarchy — Where Each Level Sits: MA 10 (green) → ~$85. Sloping down. Sellers in control daily. MA 20 (cyan) → ~$90. Sloping down. Swing buyers losing conviction. MA 50 (purple) → ~$93. Now acting as resistance. Price rejected from it this week. MA 150 (orange) → ~$77. This is the next major structural test. Price is sitting right on it. MA 200 (red) → ~$65. If 150 breaks, this is the last line of defense before the trend is gone. ━━━━━━━━━━━━━━━━━━━━ ⚠️ The Critical Level — Right Now: ASTS at $78.67 is essentially testing the 150 MA. This is the decision point: • Hold the 150 → Relief bounce possible, retest of the 50 (~$93). That's 18% above. • Break the 150 → Next stop is the 200 MA at ~$65. That's another -17% down. The 150 MA is where long-term trend followers decide if this is still a bull story or not. ━━━━━━━━━━━━━━━━━━━━ 😱 Fear & Greed Read: Sentiment at 34 — FEAR. Down from 49 last week. The crowd is getting scared — but not panicking yet. Previous ASTS bottoms formed around 20-25 on this oscillator. We're not there. Fear at 34 means: pain is real, but capitulation hasn't happened. ━━━━━━━━━━━━━━━━━━━━ 👁 What to Watch: • $77 (150 MA) — Hold or break? This is the trade. • $93 (50 MA) — If reclaimed with volume, bears are wrong. • Fear & Greed below 25 — That's where washouts happen. • BlueBird 7 launch — Hard catalyst. Could override the structure. ━━━━━━━━━━━━━━━━━━━━ 🧠 The Takeaway: A stock can go from $5 to $130 and still have a bearish MA structure 6 months later. The trend that got you here isn't the trend you're in now. The 50 MA flipping from support to resistance is one of the most important transitions in technical analysis. It doesn't mean sell. It means the character changed — and your approach should change with it. Watch the 150. That's where the answer lives. ━━━━━━━━━━━━━━━━━━━━ Indicators: MA Lens (7-MA educational overlay) + Composite Fear & Greed Index — both free on TradingView by Algoativi

Testing Channel Floor Amidst New Growth Narrative On the fundamental front, ASTS is riding a wave of renewed interest in the commercial space sector. Speculation surrounding a potential SpaceX IPO has catalyzed a broader rally across satellite and aerospace stocks, positioning ASTS as a key beneficiary. While the market grapples with the high capital requirements of space-based cellular broadband, the strategic shift toward heavy-load domestic supply chains and global connectivity infrastructure has provided a floor for investor sentiment. The company’s ability to secure long-term agreements with hyperscale tenants remains a critical catalyst for its long-term valuation rerating. Technically, ASTS is currently executing a textbook "bottom-fishing" maneuver within a long-term ascending channel. After a sharp correction from the $130$ peak in February, the price found firm support at the channel's lower red boundary (around $80$-$85$). The latest daily candle shows a decisive move back above the 20-day Exponential Moving Average (EMA, 90.64), with the stock currently trading at 96.06. This cluster of price action near the EMA suggests a transition from a bearish "sell-the-rally" phase to a potential "breakout-accumulation" phase. As long as the channel floor remains intact, the primary trend remains cautiously bullish with an initial target toward the $110$ mid-channel resistance.

Buy AST SpaceMobile Short Term Trading Advice by Naranj Capital Buy AST SpaceMobile ● Buy Range- 93 - 95 ● Target- 104 - 105 ● StopLoss- Below 89 ● Potential Return- 11-12% ● Duration- 14-15 Trading Days

by NaranjCapital

AST SpaceMobile: The High-Stakes Race for Global Coverage AST SpaceMobile ( NASDAQ:ASTS ) is currently redefining the orbital telecommunications landscape. On December 24, 2025, the company achieved a historic milestone with the successful launch of BlueBird 6. This satellite represents the largest commercial communications array ever deployed in Low Earth orbit (LEO). Despite this technical triumph, investors are closely monitoring recent volatility. A significant share sale by American Tower Corporation ( NYSE:AMT ) has introduced a complex narrative to the stock’s 250% year-to-date rally. Geostrategy: The US-India Aerospace Alliance The launch of BlueBird 6 via India’s LVM3-M6 rocket underscores a strategic shift in aerospace logistics. By leveraging Indian launch capabilities, AST SpaceMobile reduces its dependence on domestic providers like SpaceX. This diversification strengthens the company's supply chain resilience. It also aligns with broader US geostrategy to deepen technological ties with India. This move secures reliable access to space amid a global shortage of heavy-lift launch windows. Technology: The Patent Moat and AST5000 ASIC AST SpaceMobile holds a formidable intellectual property portfolio with over 3,800 patents and pending claims. At the core of their technical advantage is the AST5000 ASIC. This proprietary chip enables peak speeds of 120 Mbps per coverage cell. Such capacity allows standard, unmodified smartphones to connect directly to broadband from space. This innovation effectively bypasses the need for specialized hardware, creating a massive competitive moat against traditional satellite providers. Macroeconomics: Navigating Strategic Divestments The mid-December sell-off by American Tower ( NYSE:AMT ) caught the market's attention. American Tower reduced its position by approximately 49%, generating nearly $160 million in proceeds. While some analysts view this as routine profit-taking after a massive run, others see a cautionary signal. However, AST SpaceMobile maintains a robust cash position of $3.2 billion as of late 2025. This liquidity supports the planned ramp-up to producing six satellites per month by early 2026. Industry Trends: The MNO Integration Model The company's business model relies on 50/50 revenue-sharing agreements with Mobile Network Operators (MNOs). Strategic partnerships with AT&T and Verizon have solidified AST SpaceMobile’s lead in the US market. These carriers provide the licensed spectrum necessary for space-based cellular service. As the "Direct-to-Device" (D2D) trend accelerates, AST SpaceMobile is positioned as a wholesale provider. This model allows for rapid scaling without the high cost of customer acquisition. Management & Leadership: Executing the Scaled Vision Founder and CEO Abel Avellan has transitioned the company from a visionary R&D firm to a manufacturing powerhouse. The Midland, Texas, facility now operates at nearly 500,000 square feet across five sites. This vertical integration allows for 95% of satellite components to be produced in-house. Management's ability to hit launch milestones in late 2025 has restored confidence following earlier delays. The leadership's focus remains on achieving continuous US coverage by the end of 2026. --- Impact Summary for Traders The successful BlueBird 6 launch validates the technology, but institutional selling suggests a near-term valuation peak. * Bullish Factors: Successful orbital deployment of 2,400 sq ft array, $3.2B liquidity, and proprietary ASIC technology. * Bearish Factors: High price-to-book ratio and significant discretionary selling by a strategic partner (American Tower). * Key Watch: Launch frequency in Q1 2026 and the commencement of commercial beta testing in the US.

by TradeThePool

$ASTS H&S breakdown: target sub $30 As you can see from the chart, ASTS has broken down from a H&S top. The measured target of the move is the bottom two support levels. Those would mark great buying opportunities should price get down there. Let's see how price action unfolds over the coming weeks.

ASTS Earnings & Options Breakdown (2025-08-11) 🚀 ASTS Earnings & Options Breakdown (2025-08-11) 🚀 ### AST SpaceMobile \ NASDAQ:ASTS — **Moderate Bearish Bias Ahead** --- ### 🔥 Quick Take: * **Revenue:** +43.6% TTM growth but insanely high P/S ratio (\~3445) signals overvaluation. * **Margins:** Operating margin -8769% — huge cash burn. Free cash flow negative \$268M+. * **Guidance:** Historical misses with -87.5% surprise avg, only 14% beat rate last 7 quarters! * **Analyst Targets:** Wide \$30–64 range, average \$48.56 — optimism vs risk mismatch. ### 💡 Options Flow Insights: * Heavy **put open interest** at \$43 & \$45 strikes (36K+ contracts) * Bearish skew with minimal call interest → institutional caution * Potential for fast downside if key supports break ### 📉 Technicals: * Price trading at **\$46.63**, below 20-day MA (\$53.47) * RSI oversold at 24.5 → weak momentum * Volume down vs 10-day average → distribution alert * Support at \$45, resistance at \$50 ### 🌍 Macro Context: * Satellite tech growth potential but cash flow & regulatory hurdles * Low-volatility market environment means amplified beta risk (ASTS beta 2.33) --- ### 🎯 Trade Setup: **Buy \$43 Put — Exp 08/15** * Entry: \$1.80 * Stop Loss: \$0.90 (50%) * Profit Target: \$3.60 (200%) * Position Size: Max 2% portfolio * Timing: Enter pre-earnings close, exit 2 hours post-earnings if no target hit --- ### 🔥 Why This Trade? * History of big earnings misses + bearish options flow * Technical weakness & low volume pre-earnings * High risk of downside volatility post-report --- ### ⚠️ Risk/Reward Summary: | Metric | Value | | ------------- | -------------- | | Entry Price | \$1.80 | | Profit Target | \$3.60 (+100%) | | Stop Loss | \$0.90 (-50%) | | Confidence | 75% | --- ### 📊 JSON Trade Signal for API / Bots: ```json { "instrument": "ASTS", "direction": "put", "strike": 43.00, "expiry": "2025-08-15", "confidence": 75, "profit_target": 3.60, "stop_loss": 0.90, "size": 1, "entry_price": 1.80, "entry_timing": "pre_earnings_close", "earnings_time": "AMC", "expected_move": 12.0, "iv_rank": 0.85, "signal_publish_time": "2025-08-11T14:19:32-04:00" } ``` --- # 🚨 **ASTS ALERT: BEARISH EARNINGS PLAY IN MOTION — POSITION ACCORDINGLY!** 🚨

by quantsignals

LONG-TERM $ASTS You can't spell Sats without ASTS This will be a trillion dollar company - here's the next few years, cheers!

$ASTS Buying the dip. [Long] Previous bull runs with 50.0% - 61.8% retracements each time. Stock is still overvalued. RSI on weekly and monthly confirm this. 50 SMA is still above 200 SMA, and better retracement will be healthy for a stronger bull run continuation. Buying Zone: $35.50 - $40.65. Key Levels and points of interest. Wave 2 completion at 50%-61.8% retracement. This would place Wave 3 around a target range of $85 or higher. $55-$57 range is around 45% increase from Wave 2 retracement. This happened during the second run and form a H&S pattern. We want our next run up to pass this $55-57 level. This isn't intended for financial advice, merely personal analysis.

by hawk_entries

ASTS - Buying Opportunity on Consolidation ASTS set an ATH yesterday (6/25/25) and has consolidated in the pre-market, allowing for anyone who may have missed the stock's run off of those $48.92 Resistance Levels, which have also reversed and turned in support in today's pre-market sessions. The dip in the stock in this morning's pre-market comes from the company announcing that they will be repurchasing $225M in Debt by selling 9.45M Shares to Participating Note Holders, removing 8.3 Million Underlying Shares in the process. Looking for another potential re-entry in the stock around the $50.20's-$50.25 price levels with a stop at that previous level of resistance which should act as support if the stock goes any lower first, before heading northward.

$ASTS Short Position Overvaluation confirmed by RSI indicator. Massive Doji, signaling pressure and resistance from sellers. Entry Point: $45.94 (Last daily candle close price) Stop/Loss: $52.25 Target Profit Price: $35.50 Disclaimer: Charting is strictly for personal analysis, and should not be used for financial advice.

by hawk_entries

$ASTS Trade Alert Setup - 26% Upside 🚨 NASDAQ:ASTS Trade Alert Setup 🚨 Falling Wedge Breakout at $24.37 = 🎯 $29.07 📏 $30.77 Trading Plan: July 11th $26 Calls on Breakout or shares

$ASTS - The next parabolic move?! $RKLB 2.0 NASDAQ:ASTS The next parabolic move?! NASDAQ:RKLB 2.0 I think we are getting close to that answer! Breakout = 🎯$39🎯$45 Not financial advice

AST SpaceMobile (ASTS) Analysis Company Overview: AST SpaceMobile NASDAQ:ASTS is pioneering a global space-based cellular broadband network, enabling mobile connectivity in remote and underserved areas. Its BlueBird satellite technology and strategic partnerships position ASTS as a disruptor in satellite communications. Key Growth Drivers: BlueBird Satellite Deployment: Successful launch of the first five BlueBird satellites demonstrates AST’s ability to deliver innovative mobile broadband solutions globally. This milestone positions the company to begin revenue generation through early adoption and partnerships. Space Development Agency (SDA) HALO Program: AST’s selection for the Highly Agile and Low Orbit (HALO) program opens a significant opportunity in the government and defense sectors. This collaboration may lead to diversified revenue streams and further innovation in secure satellite communications. Network Expansion Plans: Agreements for up to 60 additional satellite launches in 2025-2026 will drive subscriber growth, enable broader network coverage, and accelerate revenue generation. Strategic Partnerships and Investments: Backing from industry giants like AT&T, Verizon, Google, and Vodafone highlights ASTS’s credibility and potential to reshape the global communications market. These partnerships may also enhance access to established customer bases, supporting rapid scaling. Investment Outlook: Bullish Stance: We are bullish on ASTS above $19.50-$20.00, driven by its transformative technology, strategic partnerships, and extensive market opportunities. Upside Target: Our price target is $40.00-$42.00, reflecting ASTS’s potential to capture a substantial share of the growing satellite broadband market. 🚀 AST SpaceMobile—Connecting the World, Beyond Boundaries! #SpaceTech #ASTS #SatelliteRevolution

by Richtv_official

DESPITE Q3 LOSS, AST SPACEMOBILE REMAINS A BUY The level between 19.30 - 23 looks strong for ASTS, holding price since late September; and with Q3 loss declared by the company, the price still got rejected at this level. There is high possibility that buyers are accumulating at this mentioned level. Will ASTS witness upward movement in coming weeks. A price close below 17 is not favourable! N.B! - ASTS price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #ASTS #NASDAQ #SP500

ASTS AST SpaceMobile Options Ahead of Earnings If you haven`t bought ASTS before the major breakout: Now analyzing the options chain and the chart patterns of ASTS AST SpaceMobile prior to the earnings report this week, I would consider purchasing the 25usd strike price Calls with an expiration date of 2025-5-16, for a premium of approximately $6.60. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

AST SpaceMobile (ASTS) Analysis: Multi-Timeframe Breakdown Yet another great week traders and yet another analysis for us to look at today. I've been closely watching AST SpaceMobile (ASTS) across the weekly, daily, and 15-minute timeframes, and there’s a lot happening here. Let’s break it down: Weekly Chart On the weekly chart, ASTS has absolutely exploded. We're looking at a massive 50%+ gain this week alone. My Deno LinReg Candles are showing a steep upward trajectory, which aligns with this strong bullish move. The price has surged well above the MA21, and the momentum is clearly in favour of the bulls. The RSI is sitting deep in the overbought territory, which is a signal that we might see some cooling off soon. However, in such strong uptrends, overbought conditions can persist longer than expected. Key Support: The closest support on the weekly chart is around $19.36, but the way this stock is moving, we could see new levels of support form higher up if the bullish trend continues. Key Resistance: There’s no immediate resistance in sight since we’re in breakout territory, but psychologically, round numbers like $35.00 or $40.00 could act as resistance. Daily Chart Moving to the daily chart, ASTS has continued its bullish run, with the price extending far beyond the upper band of the CPR. This is indicative of a strong trend, but it also suggests that we might be due for a pullback or at least some consolidation soon. The MA21 is acting as solid support, and as long as we stay above this level, the trend remains bullish. The RSI on the daily chart is also in overbought territory, so we need to keep an eye out for any signs of weakness. Key Support: Immediate support on the daily is around $22.68, with stronger support at $19.88, which is near the MA21. Key Resistance: We’re in uncharted territory, but again, look out for psychological levels as potential resistance. 15-Minute Chart Zooming in on the 15-minute chart, things are cooling down a bit. After that massive run, the price is starting to consolidate, which is healthy after such a big move. My Deno LinReg Candles are starting to show some mixed signals, indicating that we might see a range-bound market in the short term. The price is currently hovering around the MA21 on this timeframe, and if it holds, we could see another leg up. However, if it breaks down, we might revisit the lower band of the CPR. Key Support: Immediate support is at $29.82, with stronger support around $28.00. Key Resistance: The next level to watch is $31.36, which was the recent high. Forecast and What to Expect Looking ahead, ASTS is in a strong uptrend on the higher timeframes, but with the RSI being overbought on both the weekly and daily charts, we could see some profit-taking or a pullback soon. On the daily and 15-minute charts, I’ll be watching to see if the price can hold above the MA21. If it does, the bullish momentum could continue, potentially pushing ASTS to new highs. However, if we start to see signs of weakness, particularly on the 15-minute chart, I wouldn’t be surprised to see a pullback to those key support levels I mentioned. Stay tuned, and let’s see where this rocket ship takes us!

16:33

by Deno_Trading

AST SpaceMobile Shares Surge 55% on Partnership With Verizon AST SpaceMobile ( NASDAQ:ASTS ) shares have surged more than 50% on Wednesday, reaching their highest level since November 2022. The satellite communication company announced a new direct-to-cellular tie-up with Verizon Communications, which allows it to target 100% coverage of the continental United States from space on premium 850 MHz cellular spectrum. Verizon is committing $100 million to the partnership. Earlier this month, AST SpaceMobile ( NASDAQ:ASTS ) and AT&T announced a deal to deliver space-based broadband network direct to cell phones. The latest partnership deal "will enhance cellular connectivity in the United States, essentially eliminating dead zones and empowering remote areas of the country with space-based connectivity," said Abel Avellan, founder, chairman, and CEO of AST SpaceMobile ( NASDAQ:ASTS ). AST SpaceMobile ( NASDAQ:ASTS ) has also received financial backing from AT&T, Alphabet-owned Google (GOOGL.O), and Vodafone Group (VOD.L). Verizon is getting another satellite partner as it ups its efforts to blanket the US with coverage. On Wednesday, AST SpaceMobile ( NASDAQ:ASTS ) announced that it has reached a "strategic partnership" with Verizon that includes a $100 million commitment from the carrier. The deal will enable it to "target 100% coverage of the continental United States on premium 850MHz spectrum" with the partnership "essentially eliminating dead zones and empowering remote areas of the country with space-based connectivity." Space-based connectivity has become an increasing focus area for wireless companies as they look to fill in gaps in their coverage that traditional, land-based cell towers can't cover. In addition to AST SpaceMobile's work with AT&T, Verizon was previously discussing satellite connectivity with Amazon's Project Kuiper and T-Mobile has announced a similar deal with SpaceX's Starlink. Both AT&T and T-Mobile have similarly talked about how users won't need to upgrade their devices to be able to connect to the satellites, though no carrier has specified if they will need to pay more for the feature or be on special plans to use the space-based connectivity. AST SpaceMobile ( NASDAQ:ASTS ) has already demonstrated test calls from space using a Galaxy S22 and AT&T's network and plans to deliver its first five commercial satellites to the launch pad in July or August of this year, with plans to begin its initial operations at some point in 2025. Technical Outlook AST SpaceMobile ( NASDAQ:ASTS ) stock is up 55.6% as of the time of writing. AST SpaceMobile ( NASDAQ:ASTS ) stock has a Relative Strength Index (RSI) of 83.77 which is largely overbought. Traders ought to be cautious of a trend reversal in the short term. The daily price chart depicts a long "Bullish Harami" candle stick pattern.

$ASTS - Generational Technology Leap - Primed for a BOOM NASDAQ:ASTS AST SpaceMobile Technology is one of the most interesting companies in the tech space right now. It will provide a generational leap in technology for direct to device sat com to unmodified devices. This means broadband connectivity anywhere without gaps. They are supposed to launch their first 5 revenue generating satellites in Q2 24. They are also generating revenues off of their BW3 test satellite that is already in space and has provided full proof of concept. They are partnered with major players such as NASDAQ:GOOG , NYSE:T , and $VOD. There is no true competitor to its technology. This is my own opinion after research. Please do not take this as financial advice. Make your own decisions and own them.

ASTS AST SpaceMobile Options Ahead of Earnings Analyzing the options chain and the chart patterns of ASTS AST SpaceMobile prior to the earnings report this week, I would consider purchasing the 4usd strike price Calls with an expiration date of 2023-11-24, for a premium of approximately $0.55. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.