“ASTS Stock: Cup and Handle Pattern Signals Upside Breakout”AST SpaceMobile (ASTS) stock is shaping a bullish cup and handle pattern on its weekly chart, with a breakout confirmation requiring a close above $35.51. This could propel the stock to $47, a target backed by analyst consensus, hinting at a strong upward surge.
ASTS trade ideas
ASTS Stock: Cup and Handle Pattern Signals Upside BreakoutAST SpaceMobile (ASTS) stock is shaping a bullish cup and handle pattern on its weekly chart, with a breakout confirmation requiring a close above $35.41. This could propel the stock to $47, a target backed by analyst consensus, hinting at a strong upward surge.
ASTS analysis ASTS ended trading at $26.12 on March 13, 2025, and is now hovering near $26.50 in pre-market activity on March 14. My analysis from yesterday indicates the stock hit a key support at $25.42. Should it hold above this level, it might trigger a rebound and pave the way for a bullish trend. On a monthly timeframe, another vital support is located at $17.66. Hopefully it continues trading above 26 targeting 47 as per latest analyst ratings.
ASTS Sideways Daily Trade until Q2After the earnings and techincal call, banks have increased the price target but ASTS is not out of the woods. It needs to now meet those milestones which it plans to over the next 6 to 12 months. Obviously the stock is a great investment, but to the "moon" in a few days like 2024 is not realistic.
Monster Weekly Breakout?ASTS is forming a bullish pennant on the weekly chart, characterized by a pullback on declining volume after a strong impulse move. The stock recently made a high near $25 and is consolidating in a tightening range, indicating a potential continuation pattern. The declining volume during this pullback suggests sellers are weakening, while buyers are likely waiting for a breakout confirmation.
Trade Plan:
• Entry Trigger: A weekly close above $25 will confirm the breakout from the pennant and signal bullish continuation.
• Price Target: First target at $30, aligning with the measured move projection from the initial leg of the rally.
• Stop Loss: Below $23, to protect against a failed breakout and trend reversal.
AST SpaceMobile (ASTS) - Bullish BreakoutAST SpaceMobile has successfully broken out of a falling wedge pattern, confirming support at the 0.618 Fibonacci retracement level from its previous uptrend. The breakout suggests a potential upside target of $42 (+67%)
The last major rally started after May 15, 2023, when AST SpaceMobile announced the first-ever voice connection using a satellite-connected phones.
Recent Catalysts:
- Vodafone, in collaboration with AST SpaceMobile, successfully conducted the first satellite video call using a regular smartphone.
- Collaboration with AT&T, Verizon, and Vodafone to integrate satellite-to-cell technology, expanding global coverage.
- FCC's partial approval allows ASTS to launch and operate its commercial satellites
ASTS LongNASDAQ:ASTS Finally seeing a nice breakout, sell side liquidity taken, massive spring accumulation, IRL internal range liquidity to ERL external range liquidity, WITH 60% institutional ownership and a lucrative business model and contracts to support cash flow and operations, I’m a buyer.. $36 first target we can see ATH $40 soon. NFA.
ASTS support to resistance was fast!I loaded up with calls and shares on the support line. Was a huge winner in just a week. Now we are at resistance. I was hoping for a slower move to have a more powerful breakout but I'm not selling. I have placed covered calls here and if we breakout I will add more calls and roll the covered calls up. 6 months consolidating and trading within the most traded zone is a great spot to be. This has so much potential as a long term play. The shares are my largest position even though I sold a bunch of my calls already.
ASTS (Space Mobile) - LONGSort of just on the setup for this one.
Appears to have found support at the .618 or thereabouts. Close today above the 89 EMA after a brief trip below the 144. Now we appear to have the MA's poised to make a reversal of the potential full cross so if we can get a close that breaks us out, prior highs are in sight.
$ASTSNASDAQ:ASTS looking pretty ready for the next leg up. Volume increase has typically led to explosive moves in the past. Bullish MACD cross. Space theme still very hot in the stock market. Recent convertible notes offering sentiment suggests the market has digested it. Several recent positive catalysts. Showing strong relative strength compared to the broader market.
11/7/24 - $asts - Y'all ready to ball? Bot it!11/7/24 :: VROCKSTAR :: NASDAQ:ASTS
Y'all ready to ball? Bot it!
- honestly i'm still pretty cash heavy, so i'm playing ITM calls (and have started taking profits today as well... still hold NASDAQ:META , NYSE:TSM , NYSE:UBER as well as added on the top to my long-dated NASDAQ:NXT 's and hold a nice bag of OTC:BITW too).
- but that being said, with solar re-popping. i "get" that NASDAQ:ASTS "isn't" space X... and elon has his opinions. he's a competitor. he's an edge lord. his job is to do this - duh.
- for a stock that has such high interest, cool application... i'd expect IV to jump around earnings next week, or even more generally if risk remains bid. can't say i'm in for a lot - but i have some $20 C's for next week. seems like an interesting bet. and if the stock actually sells off i can decide to take a larger shares, or longer-date ITM calls position like i did my other core names above.
- what do you think. shall we ball, brawl or bawl?
TO THE MOON ;)
V
New Setup: ASTSASTS: I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the last candle high. If triggered, I will then place a stop-loss below (SL) and a price target above it(TP-50%,move SL to breakeven), then using the close below the 10SMA as my trailing stop loss.
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Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(3).
ASTS - Bullish Liquidity Building for more sustained breakout?ASTS has had quite a few months, similar to many in the "future" sectors.
Been looking out for a return to this demand level after another rejection from a clear supply zone and resistance at the $29 level. Lots of sellers up there but lots of buyers down here - let's see if we can hold here and we should know fairly quickly because if the buyers are here, they will react. If not, we have further levels down below at the $19 level that would trigger a huge liquidity hunt.
Looking for this support level to hold and to see further rising bullish volume and buying continuation to establish from here.
Happy Trading :)
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
DESPITE Q3 LOSS, AST SPACEMOBILE REMAINS A BUYThe 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
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