SamSuka
The Long Investor
The Long Investor

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$ASTS - WATCHLIST -

Has been doing all of the right things so far.

Explosive breakout from the descending wedge, a hallmark move from $ASTS, telling us that buyers want this and a ready to step in aggressively

And now are are getting the pull back from $33 down to $27

Ideally the perfect place to add is on the blue line and 0.5 Fib, where the 50 Day MA is also waiting at $25.45.....but this could very easily reverse from here and move up to $39

$25.45 may be so obvious that smart money starts getting in early here to get some supply.

$ASTS - WATCHLIST -

Comments

Hard to see 3 waves either, a rejection before making a higher high would be perfect there

Gareth Neary

I don’t see three waves on this pull back. Shouldn’t we expect a C wave to complete?

Francisco Martin

Back in +9% today

Francisco Martin

Ok just wondering if it should be the daily

Steve Cooter

yes, it states 1H at the top left of the screenshot

dmumf47

Hi cap is this the 1 hour?

Steve Cooter

The 50 day MA looks more like it's at the 0.618. ?

Sug


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