1ASTS trade ideas
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
I am sensing apprehensive buyers This year was kind to Space Mobile and it ranks pretty high on my p & l ytd. Having said that I think we are in a waiting period to see the effect new policy might have on ASTS. As that plays out I expect a price between 12 and 14
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 analysisA detailed view of Elliot waves + Wyckoff + Market structure + supply and demand + chart patterns. For +1 month now ASTS has entered a down-trend IMHO and all the above confirm this assumption.
*Not a financial advice
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.
$ASTS Great move in the $ASTS stock on higher volumeBreakout on this NASDAQ:ASTS stock towards end of the day on high daily average volume. Buy here and stop below the low of today will be ideal. This can go much higher simply based on technicals.
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 getting a little uncomfortable with this oneNASDAQ:ASTS is a great play long term. Could be the stock of 2025. Options premums are amazing. I'm selling calls and puts for huge premium and own shares. Profits from option fund more shares. This is a fast mover not for the weak hands.
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!
ASTS Technical Analysis by Deno Trading: Key Levels Aspects.Lets start with the general chart analysis:
Looking at ASTS on both the 5-minute and 15-minute charts, we observe a sharp rally earlier in the session, pushing the price up to the $37.08 resistance level. However, the price has since shown signs of exhaustion, with two prominent downward moves indicated by the blue arrows on the chart.
Here are some Key Levels:
Resistance:
$37.08: This level represents the recent peak where the price action struggled to sustain momentum. It has acted as a significant ceiling and could continue to be a barrier if the price approaches it again.
Support:
$33.00 - $34.00: This zone served as a strong launchpad during the initial rally and is likely to act as support if the price retraces further. However, breaking below this could signal a deeper pullback.
Expectations:
Potential Pullback:
The chart shows potential for a pullback towards the $33.00 - $34.00 area, especially given the bearish divergence visible on the indicators and the price’s inability to maintain above the $37.08 resistance.
Bearish Scenario:
If ASTS fails to hold above $33.00, we could see further downside pressure, possibly pushing the price back into the $30.00 range, where the next level of significant support lies.
Bullish Scenario:
On the flip side, if ASTS manages to reclaim $37.08 convincingly, it could open the door for a retest of the $39.00 - $40.00 range, with momentum likely picking up as short-sellers cover their positions.
$ASTS - Most overbought ever!NASDAQ:ASTS is the most overbought it's ever been! Sure, momentum and short squeezes might keep it afloat for now, but if you're buying this stock at these levels, may the stock gods have mercy on your soul! 😂
Who knows, maybe it'll become the next meme stock and skyrocket to $300 on a continuous gamma squeeze. I am fully aware that I might be setting myself up for the ASTS folks to have a good laugh at my expense if I'm wrong. And that's okay. 😈
Again, no hate—just a technical play!
AST SpaceMobile (ASTS) Analysis: Multi-Timeframe BreakdownYet another great week traders and yet another analysis for us to look at today. I've been closely watching AST SpaceMobile (ASTS) across the weekly, daily, and 15-minute timeframes, and there’s a lot happening here. Let’s break it down:
Weekly Chart
On the weekly chart, ASTS has absolutely exploded. We're looking at a massive 50%+ gain this week alone. My Deno LinReg Candles are showing a steep upward trajectory, which aligns with this strong bullish move. The price has surged well above the MA21, and the momentum is clearly in favour of the bulls.
The RSI is sitting deep in the overbought territory, which is a signal that we might see some cooling off soon. However, in such strong uptrends, overbought conditions can persist longer than expected.
Key Support: The closest support on the weekly chart is around $19.36, but the way this stock is moving, we could see new levels of support form higher up if the bullish trend continues.
Key Resistance: There’s no immediate resistance in sight since we’re in breakout territory, but psychologically, round numbers like $35.00 or $40.00 could act as resistance.
Daily Chart
Moving to the daily chart, ASTS has continued its bullish run, with the price extending far beyond the upper band of the CPR. This is indicative of a strong trend, but it also suggests that we might be due for a pullback or at least some consolidation soon.
The MA21 is acting as solid support, and as long as we stay above this level, the trend remains bullish. The RSI on the daily chart is also in overbought territory, so we need to keep an eye out for any signs of weakness.
Key Support: Immediate support on the daily is around $22.68, with stronger support at $19.88, which is near the MA21.
Key Resistance: We’re in uncharted territory, but again, look out for psychological levels as potential resistance.
15-Minute Chart
Zooming in on the 15-minute chart, things are cooling down a bit. After that massive run, the price is starting to consolidate, which is healthy after such a big move. My Deno LinReg Candles are starting to show some mixed signals, indicating that we might see a range-bound market in the short term.
The price is currently hovering around the MA21 on this timeframe, and if it holds, we could see another leg up. However, if it breaks down, we might revisit the lower band of the CPR.
Key Support: Immediate support is at $29.82, with stronger support around $28.00.
Key Resistance: The next level to watch is $31.36, which was the recent high.
Forecast and What to Expect
Looking ahead, ASTS is in a strong uptrend on the higher timeframes, but with the RSI being overbought on both the weekly and daily charts, we could see some profit-taking or a pullback soon. On the daily and 15-minute charts, I’ll be watching to see if the price can hold above the MA21. If it does, the bullish momentum could continue, potentially pushing ASTS to new highs.
However, if we start to see signs of weakness, particularly on the 15-minute chart, I wouldn’t be surprised to see a pullback to those key support levels I mentioned.
Stay tuned, and let’s see where this rocket ship takes us!
$ASTS - Unlucky number 13During NVDA's run up and my L's that I took on puts, I went full on wallstreetbets and got calls on ASTS $15. Looking today, I'm not thinking we get passed $13 after all the previous rejections.
Only thing is, LOOK at that volume. This is a meme stock now evidently. So, does gravity exist when reddit goes ape?
Absolutely not trade advice at all. This is actually one of my dumber ideas
Easy money with ASTS stockI am following ASTS trend few years ago and I made a conclusion of a cyclic trend as shown in the chart.
Now it is in the bottom, expect 2X minimum within next 3 months.
Good luck!
This is not a financial advice.
AST SpaceMobile Shares Surge 55% on Partnership With Verizon AST SpaceMobile ( NASDAQ:ASTS ) shares have surged more than 50% on Wednesday, reaching their highest level since November 2022. The satellite communication company announced a new direct-to-cellular tie-up with Verizon Communications, which allows it to target 100% coverage of the continental United States from space on premium 850 MHz cellular spectrum. Verizon is committing $100 million to the partnership. Earlier this month, AST SpaceMobile ( NASDAQ:ASTS ) and AT&T announced a deal to deliver space-based broadband network direct to cell phones.
The latest partnership deal "will enhance cellular connectivity in the United States, essentially eliminating dead zones and empowering remote areas of the country with space-based connectivity," said Abel Avellan, founder, chairman, and CEO of AST SpaceMobile ( NASDAQ:ASTS ). AST SpaceMobile ( NASDAQ:ASTS ) has also received financial backing from AT&T, Alphabet-owned Google (GOOGL.O), and Vodafone Group (VOD.L).
Verizon is getting another satellite partner as it ups its efforts to blanket the US with coverage. On Wednesday, AST SpaceMobile ( NASDAQ:ASTS ) announced that it has reached a "strategic partnership" with Verizon that includes a $100 million commitment from the carrier. The deal will enable it to "target 100% coverage of the continental United States on premium 850MHz spectrum" with the partnership "essentially eliminating dead zones and empowering remote areas of the country with space-based connectivity."
Space-based connectivity has become an increasing focus area for wireless companies as they look to fill in gaps in their coverage that traditional, land-based cell towers can't cover. In addition to AST SpaceMobile's work with AT&T, Verizon was previously discussing satellite connectivity with Amazon's Project Kuiper and T-Mobile has announced a similar deal with SpaceX's Starlink.
Both AT&T and T-Mobile have similarly talked about how users won't need to upgrade their devices to be able to connect to the satellites, though no carrier has specified if they will need to pay more for the feature or be on special plans to use the space-based connectivity.
AST SpaceMobile ( NASDAQ:ASTS ) has already demonstrated test calls from space using a Galaxy S22 and AT&T's network and plans to deliver its first five commercial satellites to the launch pad in July or August of this year, with plans to begin its initial operations at some point in 2025.
Technical Outlook
AST SpaceMobile ( NASDAQ:ASTS ) stock is up 55.6% as of the time of writing. AST SpaceMobile ( NASDAQ:ASTS ) stock has a Relative Strength Index (RSI) of 83.77 which is largely overbought. Traders ought to be cautious of a trend reversal in the short term. The daily price chart depicts a long "Bullish Harami" candle stick pattern.
ASTS short oppASTS has a well defined channel and should drop 30-40% in the next few months. Two target prices set at resistances from past. A good strategy would be to sell half at first target. Watching now and possibly getting September $4 puts
ASTS AST SpaceMobile Options Ahead of EarningsIf you haven`t bought ASTS before the previous earnings:
Then analyzing the options chain and the chart patterns of ASTS AST SpaceMobile prior to the earnings report this week,
I would consider purchasing the 2.5usd strike price Calls with
an expiration date of 2024-4-12,
for a premium of approximately $0.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
$ASTS - Generational Technology Leap - Primed for a BOOMNASDAQ:ASTS AST SpaceMobile Technology is one of the most interesting companies in the tech space right now. It will provide a generational leap in technology for direct to device sat com to unmodified devices. This means broadband connectivity anywhere without gaps. They are supposed to launch their first 5 revenue generating satellites in Q2 24. They are also generating revenues off of their BW3 test satellite that is already in space and has provided full proof of concept. They are partnered with major players such as NASDAQ:GOOG , NYSE:T , and $VOD. There is no true competitor to its technology. This is my own opinion after research. Please do not take this as financial advice. Make your own decisions and own them.
