Market is starting to fade now as the week comes to end and I believe it is offering some opportunities as we lead into next week.
$ASTS has also consolidated sideways and could very easily pull back to our support levels in early trading next week.
Ideally we want to see a pull back to the blue line at $25.26, which is also the 0.5 Fib too, a hold here and we have a buy signal to catch the next leg higher.
I believe even a small position here could offer an attractive return, something I would be interested in, so I have added this to the Watchlist with an aim to add at $25.26.
Dr. C
2025-02-23 00:09:28 +0000 UTC