Looking for breakout in NYSE:SCCO as a beneficiary to copper squeeze. Chart looks good for another pop. Strong reclaim of 50DMA, RSI bullish divergence, and bullish MACD cross replicating action before last breakout.
Short $DE. China tariff headwind on agricultural equipment. Stock a bit extended from 50/100/200 MAs. Bearish MACD cross. RSI rolling over. Does feel a bit too obvious but we shall see.
NASDAQ: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.
Potential Trump AI infrastructure sympathy play. Could see run up before earnings in two weeks. May need to cool off for a few days as it is extended from all SMA/EMAs. Watching for close over 19.05.
