The Long Investor
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$ASTS - WATCHLIST -
🕑 Added 2025-02-13 14:25:10 +0000 UTCHas been doing all of the right things so far.
Explosive breakout from the descending wedge, a hallmark move from $ASTS, telling us that buyers want this and a ready to step in aggressively
And now are are getting the pull back from $33 down to $27
Ideally the perfect place to add is on the blue line and 0.5 Fib, where the 50 Day MA is also waiting at $25.45.....but this could very easily reverse from here and move up to $39
$25.45 may be so obvious that smart money starts getting in early here to get some supply.
Comments
Gareth Neary
Hard to see 3 waves either, a rejection before making a higher high would be perfect there
Francisco Martin
I don’t see three waves on this pull back. Shouldn’t we expect a C wave to complete?
Francisco Martin
Back in +9% today
Steve Cooter
Ok just wondering if it should be the daily
dmumf47
yes, it states 1H at the top left of the screenshot
Steve Cooter
Hi cap is this the 1 hour?
Sug
The 50 day MA looks more like it's at the 0.618. ?
