The Long Investor
patreon
$ASTS
🕑 Added 2025-04-17 13:26:25 +0000 UTCStill holding support above the 50 WMA, the 0.5 Fib and the descending wedge top line, so it continues to hold but as long as the price is below the blue resistance/support line, which is also the 200 Day MA, there is still a concern here that the price can drop lower to the 0.618 Fib again at $16.20.
I haven't started a position here yet but would not rule it out if this drops down to a price that offers significant value and the 200 WMA at $10 is a price I probably could not ignore.
Comments
Doug
Cap, thanks for insight on ASTS. I’ve been in for a while at $22. Better chance to sell and buy back or hold and look for continued action up? Appreciate any thoughts!
