SamSuka
The Long Investor
The Long Investor

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$ASTS

$ASTS has pulled back over -35% so far, which is more than fair and expected after a run from $2 to $39

The blue line was the 2021 high, which is closely aligning with the 0.38 Fib, which is a common level for Wave A to complete, so I would expect a possible short term support here and bounce for Wave B, before moving lower to the 0.5 Fib - 0.618 Fib to complete Wave C

It may be attractive again down at these levels under $20.

$ASTS

Comments

A bit risky I’d say… stock a bit unpredictable now… pumped by retail like crazy… i will wait to low twenties

Francisco Martin

if it hits the 25 mark prior to their supposed sept early launch? wouldnt it make more sense to play it there vs waiting for it to be < 20 b/c of the short term catalyst. (thinking purely as a short term investment, sell the news)

Piotr David

Thanks Gar! πŸ•ΊπŸ»

Francisco Martin


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