The Long Investor
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$ASTS - WATCHLIST -
🕑 Added 2025-05-08 11:16:46 +0000 UTCEarnings on Monday and the price is still battling at the confluence level at $25.45, where the 200 Day MA is, the 50 Day MA is and the blue support line.
A hold here and the bulls have won and this is very similar to how $HIMS behaved on its own $25.40 blue support line and confluence level.
Next target for me would be $39 and the Wave 3 target is $77
Downside risk would be another retest between the white 0.5 - 0.618 Fib range.
In May last year after its ER, the price action move from $2 all the way to $39....can History repeat itself?
