Yesterday AST closed its session gapping up and breaking an upward triangle which might become a strong bullish opportunity. Although general downward motion is still intact, double bottom which was formed at the beginning of July and triangle breakout have every chance to finish with bearish mood.
We would project the price to go up and reach at least $3.60 where...
After a huge fall seems getting some upward momentum form moving average's. Moneyflow has positive divergence. If it can break up 3.05 it can run all the way to 3.65 to its gap down resistance area.
"You can check our detailed analysis on AST in the trading room/ Executive summery link here-
Time Span: 9:55"