ASTS trade ideas
ASTSAST SpaceMobile Inc (NASDAQ:ASTS) reversed and closed back above the $10 resistance zone, which was a very positive sign. The stock hit a high of $10.20, which is now resistance for Monday’s continuation move. All exponential moving averages are below turning up for support. I like this stock a lot for another swing trade.
Very new to trading but very interested. Any input is welcome.The volume is looking good starting the day off and ASTS holding just above 1.6 on the fib for a 4hr chart. The next zone above that is a whopping 2.6! What do you guys an gals predict?
First ever 4g/5g network from sat to cellphone & Lassonde curve.First ever global 4g/5g cellular phone network beeing built by $ASTS seems to follow similar market mechanisms and psychologies as that of junior mining operations: The Lassonde curve, with it’s two waves of share price increase.
Only competitor so far (possible duopoly) is Lockheed Martin and Omnispace cooperstion.
Technology is proven with Bluewalker 1 satellite. Huge TAM, small market cap. Founder shares in lockup for 12 months.
There was an manipulation down starting April 6, which is in steep reversal presenting an excellent entry opportunity. Well timed public offering in first wave means first phase fully financed.
First global 5g/4g global satellite network and Lassonde curve.First ever global 4g/5g cellular phone network beeing built by $ASTS seems to follow similar market mechanisms and psychologies as that of junior mining operations: The Lassonde curve, with it’s two waves of share price increase.
Only competitor so far (possible duopoly) is Lockheed Martin and Omnispace cooperstion.
Technology is proven with Bluewalker 1 satellite. Huge TAM, small market cap. Founder shares in lockup for 12 months.
There was an manipulation down starting April 6, which is in steep reversal presenting an excellent entry opportunity. Well timed public offering in first wave means first phase fully financed.
Institutional ownership increasing signals exit of orphan period, entering development phase of Lassonde curve. Optimal entry.
ASTS has the potential to shoot to the moon.The potential gains from a Space mobile next is absolutely insane. We are talking about a huge market with other extremely crucial implications such as national disasters. Once they show they are serious and come out with their business partners I think we will see a complete reverse in the stock price.
ASTS - Long Term Support Reached and BouncedThis appears to be a good entry. The low float means it will be very volatile on the way up and down. I did some checking and it seems very similar to the SPCE chart. Once the merger completed, SPCE tanked just like this and then went on to push 35$+. I am not a financial advisor and you should perform your own due diligence. I am not responsible for any gains or losses you may incur by reading my charts or analyses. I have a position in this stock. $ASTS, $SPCE
