Chart Pattern: Weekly breakout retest & recent high VWAP retest and bounced. Ideally would like to see more buy volume coming in (see $GSAT)
Best entry @ $11
Target @ $15
Stop Loss when daily close under $10.75
Timeframe: 3-4 weeks
$ASTS should be a long term hold (>3 years). Will accumulate more core position through technical trading.
ASTS is in the middle of an impulsive move since August 20th that doesn't look to be stopping any time soon. At first glance, we can tell that a bullish cross over the MAs is inevitable very soon, with 8 and 50 day MAs over the 200. The move was also heavily supported by bullish flows. I would like to focus on 2 important points that will be pivotal (excuse the...
ASTS moving nicely since last few days. On it's way to 14.
Must hold 11.30 or at last 11 to keep this momentum going.
Once it reclaims 14 and stays above, 15.75 next target.
If 11 fails to hold, could retest 9.60
Other support / resistance levels as marked.
eyeing a bounce off the .236 @ $7.92 this Thursday/Friday. If it fails there next stop $6.95. Looking at the November 19th $15-$17.50 calls there's a lot of demand in the monthlies out there, likely writing some covered calls to add supply on to those derivatives. Nothing unusual tho, suggests that people are happy with 5G and switching to a space based service...
Pupm&Dump trading strategy idea.
$ASTS is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $13,86;
stop-loss — $14,29;
take-profit — $13,02.
Do not view this idea as a recommendation for trading or investing. It is...
Found this company last week and opened a position at 12.60
These guys are basically trying to make broadband internet more accessible to cell phones worldwide by beaming it down thru satellites. Interesting product with very high reward if successful. That being said we are still in the pre revenue stage here so this play comes with the obvious added...
AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones. Its SpaceMobile service provides mobile broadband services for users traveling in and out of areas without terrestrial mobile services on land, at sea, or in flight. The company is headquartered in Midland, Texas.
ASTS could provide 5g data by satellite to every vehicle anywhere on the planet. I have not heard this mentioned by anyone else and it would be an absolutely monstrous market to enter. Nearly every vehicle is going to be equipped with LTE capabilities, with older manufacturers such as Ford even following this path, and autonomous cars on the rise. Imagine an...
Possible Scenario: LONG
Evidence: Price Action
Call options, Strike 25$, 07/16/21
Call options, Strike 15$, 07/16/21
S: 7.5 as strong support
*This is my idea and could be wrong 100%