SamSuka
The Long Investor
The Long Investor

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$ASTS

Volatility always brings opportunities and pull backs that we have been waiting for usually get triggered when there is excessive selling across a number of sectors.

$ASTS is a perfect example of this and we can see a nice pull back to our expected support level now

I would be watching for a hold between the blue line at $25.45 and the 0.618 Fib at $23.43

This has the blue support line, the 50 Day MA and the two important Fib levels, making this a confluence level

A hold in this range is an opportunity believe

$ASTS

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