$ASTS
Added 2024-05-31 16:24:33 +0000 UTCHas jumped over 300% in 2 weeks as their 3 year decline is finally starting to pay dividends.
$ASTS is in the same sphere as Starlink but unfortunately does not have the same financial capabilities as them and so declined hard over a 3 year period until they gained enough recognition from some big players to help fund their next phase of growth.
I would not be chasing here, it is also unclear whether or not this parabolic move is complete yet either but a red day today indicates it may have started so I have added in the white fib levels now.
DB gave this a PT of $22 and downgraded to $19 when this was at $2, they clearly knew the potential, which also aligns with our Second Target.
A pull back to $5 would be attractive here
Comments
Thank s!!
Amadeus
2024-05-31 21:04:40 +0000 UTCYes, I will consider this
Gareth Neary
2024-05-31 16:39:53 +0000 UTCThank you! I hope you can find the time to provide regular updates on this one now that it looks like it’s headed in the right direction.
Sa A
2024-05-31 16:39:25 +0000 UTC
