ASTS LongNASDAQ:ASTS Finally seeing a nice breakout, sell side liquidity taken, massive spring accumulation, IRL internal range liquidity to ERL external range liquidity, WITH 60% institutional ownership and a lucrative business model and contracts to support cash flow and operations, I’m a buyer.. $36 first target we can see ATH $40 soon. NFA.
1ASTS trade ideas
ASTS support to resistance was fast!I loaded up with calls and shares on the support line. Was a huge winner in just a week. Now we are at resistance. I was hoping for a slower move to have a more powerful breakout but I'm not selling. I have placed covered calls here and if we breakout I will add more calls and roll the covered calls up. 6 months consolidating and trading within the most traded zone is a great spot to be. This has so much potential as a long term play. The shares are my largest position even though I sold a bunch of my calls already.
ASTS (Space Mobile) - LONGSort of just on the setup for this one.
Appears to have found support at the .618 or thereabouts. Close today above the 89 EMA after a brief trip below the 144. Now we appear to have the MA's poised to make a reversal of the potential full cross so if we can get a close that breaks us out, prior highs are in sight.
$ASTSNASDAQ:ASTS looking pretty ready for the next leg up. Volume increase has typically led to explosive moves in the past. Bullish MACD cross. Space theme still very hot in the stock market. Recent convertible notes offering sentiment suggests the market has digested it. Several recent positive catalysts. Showing strong relative strength compared to the broader market.
11/7/24 - $asts - Y'all ready to ball? Bot it!11/7/24 :: VROCKSTAR :: NASDAQ:ASTS
Y'all ready to ball? Bot it!
- honestly i'm still pretty cash heavy, so i'm playing ITM calls (and have started taking profits today as well... still hold NASDAQ:META , NYSE:TSM , NYSE:UBER as well as added on the top to my long-dated NASDAQ:NXT 's and hold a nice bag of OTC:BITW too).
- but that being said, with solar re-popping. i "get" that NASDAQ:ASTS "isn't" space X... and elon has his opinions. he's a competitor. he's an edge lord. his job is to do this - duh.
- for a stock that has such high interest, cool application... i'd expect IV to jump around earnings next week, or even more generally if risk remains bid. can't say i'm in for a lot - but i have some $20 C's for next week. seems like an interesting bet. and if the stock actually sells off i can decide to take a larger shares, or longer-date ITM calls position like i did my other core names above.
- what do you think. shall we ball, brawl or bawl?
TO THE MOON ;)
V
New Setup: ASTSASTS: I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the last candle high. If triggered, I will then place a stop-loss below (SL) and a price target above it(TP-50%,move SL to breakeven), then using the close below the 10SMA as my trailing stop loss.
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Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(3).
ASTS - Bullish Liquidity Building for more sustained breakout?ASTS has had quite a few months, similar to many in the "future" sectors.
Been looking out for a return to this demand level after another rejection from a clear supply zone and resistance at the $29 level. Lots of sellers up there but lots of buyers down here - let's see if we can hold here and we should know fairly quickly because if the buyers are here, they will react. If not, we have further levels down below at the $19 level that would trigger a huge liquidity hunt.
Looking for this support level to hold and to see further rising bullish volume and buying continuation to establish from here.
Happy Trading :)
AST SpaceMobile (ASTS) Analysis Company Overview:
AST SpaceMobile NASDAQ:ASTS is pioneering a global space-based cellular broadband network, enabling mobile connectivity in remote and underserved areas. Its BlueBird satellite technology and strategic partnerships position ASTS as a disruptor in satellite communications.
Key Growth Drivers:
BlueBird Satellite Deployment:
Successful launch of the first five BlueBird satellites demonstrates AST’s ability to deliver innovative mobile broadband solutions globally.
This milestone positions the company to begin revenue generation through early adoption and partnerships.
Space Development Agency (SDA) HALO Program:
AST’s selection for the Highly Agile and Low Orbit (HALO) program opens a significant opportunity in the government and defense sectors.
This collaboration may lead to diversified revenue streams and further innovation in secure satellite communications.
Network Expansion Plans:
Agreements for up to 60 additional satellite launches in 2025-2026 will drive subscriber growth, enable broader network coverage, and accelerate revenue generation.
Strategic Partnerships and Investments:
Backing from industry giants like AT&T, Verizon, Google, and Vodafone highlights ASTS’s credibility and potential to reshape the global communications market.
These partnerships may also enhance access to established customer bases, supporting rapid scaling.
Investment Outlook:
Bullish Stance: We are bullish on ASTS above $19.50-$20.00, driven by its transformative technology, strategic partnerships, and extensive market opportunities.
Upside Target: Our price target is $40.00-$42.00, reflecting ASTS’s potential to capture a substantial share of the growing satellite broadband market.
🚀 AST SpaceMobile—Connecting the World, Beyond Boundaries! #SpaceTech #ASTS #SatelliteRevolution
DESPITE Q3 LOSS, AST SPACEMOBILE REMAINS A BUYThe level between 19.30 - 23 looks strong for ASTS, holding price since late September; and with Q3 loss declared by the company, the price still got rejected at this level. There is high possibility that buyers are accumulating at this mentioned level. Will ASTS witness upward movement in coming weeks. A price close below 17 is not favourable!
N.B!
- ASTS price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#ASTS
#NASDAQ
#SP500
ASTS - Satellite company - is the correction over?AST SpaceMobile Inc is a satellite designer and manufacturer. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers and finally bringing broadband to the billions who remain unconnected. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
Float 194.919M
Short Float 38.713M
Recent Passive Stakes by BlackRock, Abel Avellan AST SpaceMobile, Inc.Chairman and Chief
Executive Officer and Billionaire Hiroshi Mikitani
Recent news:
AST SpaceMobile Completes Unfolding Of First 5 Commercial Satellites In Low Earth Orbit, BlueBirds 1-5
AST SpaceMobile shares are trading higher after the company announced it bagged a contract with the Space Development Agency as the prime contractor to the US Government.
Breakout Zone above: $30.30
Action: If the stock breaks above this area with strong volume, it might signal a continuation of the upward trend.
Overall Market Sentiment:
It’s always crucial to consider overall market sentiment when making trading decisions.
ER on 11/11/2024
Resistance Points:
$36.50
$39.08
$44.00
Surpassing these levels could signal a positive trend. Consider taking profits at these stages to realize gains.
Additonally we broke out of a falling wedge with a retest of it.
Trading Strategy:
Take Profit (TP): Set a target at $81.00 (pretty optimistic target)
Stop Loss (SL): Set at under $20.00 or with less risk under $23.50 to mitigate potential losses.
Chart Analysis:
Please refer to the attached chart for detailed analysis of price trends and movements.
Trading Advisory:
Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities.
Disclaimer: This content is for informational purposes only and should not be considered financial advice.
ASTS AST SpaceMobile Options Ahead of EarningsIf you haven`t bought ASTS before the major breakout:
Now analyzing the options chain and the chart patterns of ASTS AST SpaceMobile prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2025-5-16,
for a premium of approximately $6.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ASTS fast mover. Update from my previous post.ASTS is one of my favourite stocks to sell options on while owning shares. Selling puts below the trendline has been like a personal free ATM. I'm happy to own more if it goes gainst me. Take the profits on the options and buy the pullbacks. That was a quick move up from support. The future of this company could be massive.
Low Risk entryIf it closes below the super trend pivot then fine I'll sell at a minimal loss. However entering here allows for a fair trade with limited risk. Bail if trend drops to a sell. Take profits at 3%+ slowly if it holds the pivot. This is a POMO. If not this, I will retry on the weekly pivot.
7/26/24 - $asts - LOL short > $187/26/24 :: VROCKSTAR :: NASDAQ:ASTS
This is one of those situations guys where you take profits if you're long. Pat yourself on the back. Have a beer. And move on.
This valuation doesn't even merit me walking thru the math.
PS - I short using some P's for next week $17 expires. Again, it's a hedge to the rest of my long exposure. Maybe it continues to rip IDK. But I sense the last two days is simply 0dte gamma squeezy and when the air comes out we probbaly go toward the $14 level in a hurry.
If you'd like I'm happy to justify a 8-10$ valuation. This isn't one of those $NNE/ NYSE:SMR situations where the stock is not really worth anything (sorry again guys for making that point if you're long - just a word of caution). But that said, this thing ( NASDAQ:ASTS ) is defn not worth anything close to $19 as I'm writing this. No way Jose lol.
V
ASTS Technical Analysis by Deno Trading: Key Levels NASDAQ:ASTS Quick Chart Overview:
On the 15-minute charts for AST SpaceMobile (ASTS), we see some critical price action that provides clear insights into potential future movements. The price recently faced a strong resistance around $37.26 but managed to make multiple attempts to break above it. However, the overall trend appears to be meeting significant overhead resistance, which might lead to some short-term challenges.
Key Levels That we Need to look at here:
Resistance:
$37.26: This level has proven to be a tough nut to crack for the bulls. We saw multiple attempts to break above this, but each time the price got rejected, indicating that sellers are active around this zone. If we can see a clean break and hold above this level, it could signal the start of a stronger upward move towards the $40.32 mark.
Support:
$36.73 - $36.36: This is the immediate support zone. The price has been holding above this level recently, but any break below could see a pullback towards $35.07 or even the stronger support at $33.83, which has held previously.
Expectations:
Bullish Scenario:
If ASTS can break and sustain above $37.26, especially with increasing volume, it could set the stage for a move towards $40.32. This would align with the broader bullish trend we’ve seen building over the past sessions. A breakout here could attract more buyers, pushing the stock higher.
Bearish Scenario:
On the downside, if the price fails to hold above the $36.73 level, we could see a retracement towards $35.07 or potentially even deeper towards the $33.83 level. This move could be accelerated if the price breaks below $36.36 with strong momentum.
Sideways Action:
There’s also the possibility that ASTS might consolidate between $36.73 and $37.26 as it gathers energy for its next big move. This could mean some choppy trading action in the near term before we see a decisive breakout or breakdown.
Final Thoughts:
ASTS is at a critical juncture right now. The resistance at $37.26 is a major level to watch, and whether the stock can break above it or not will likely dictate the next significant move. I’m keeping a close eye on both the support and resistance levels for clues about the direction the stock might take next.
Stay tuned for more updates!