The Long Investor
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$ASTS
🕑 Added 2025-02-24 15:04:46 +0000 UTCVolatility always brings opportunities and pull backs that we have been waiting for usually get triggered when there is excessive selling across a number of sectors.
$ASTS is a perfect example of this and we can see a nice pull back to our expected support level now
I would be watching for a hold between the blue line at $25.45 and the 0.618 Fib at $23.43
This has the blue support line, the 50 Day MA and the two important Fib levels, making this a confluence level
A hold in this range is an opportunity believe
