🔍 
ASTS Weekly Chart Analysis (Accurate)
Pattern: Massive bull flag / consolidation wedge after a parabolic run.
Current Price: ~$31.20, sitting near the midpoint of the descending channel.
Structure:
Price is compressing between lower highs and higher lows.
Volume spikes on up moves, low volume on pullbacks = bullish accumulation.
Testing upper trendline of the flag — breakout could trigger a new wave.
✅ Favorable Path:
Break and weekly close above ~$34.00 (channel resistance) confirms breakout. That opens up a measured move targeting $50–55 short-term, and possibly $70+ if momentum accelerates.
🎯 Measured Move Target:
Pole base ~$6 → Flag peak ~$36 = ~$30 range
Breakout above $34 → Target = $34 + 30 = $64
⚠️ Invalidation:
A breakdown below $24–25 zone would invalidate the flag and suggest distribution instead of continuation.
🔑 Summary:
Setup: Weekly bull flag after a parabolic leg
Bias: Strongly bullish with breakout potential
Trigger: Weekly close above $34.00
Short-term target: $50–55
Full measured move target: ~$64
Invalidation zone: Below $24
Smart money appears to be loading the dips. Breakout traders should watch $34 like a hawk.
ASTS Weekly Chart Analysis (Accurate)Pattern: Massive bull flag / consolidation wedge after a parabolic run.
Current Price: ~$31.20, sitting near the midpoint of the descending channel.
Structure:
Price is compressing between lower highs and higher lows.
Volume spikes on up moves, low volume on pullbacks = bullish accumulation.
Testing upper trendline of the flag — breakout could trigger a new wave.
✅ Favorable Path:
Break and weekly close above ~$34.00 (channel resistance) confirms breakout. That opens up a measured move targeting $50–55 short-term, and possibly $70+ if momentum accelerates.
🎯 Measured Move Target:
Pole base ~$6 → Flag peak ~$36 = ~$30 range
Breakout above $34 → Target = $34 + 30 = $64
⚠️ Invalidation:
A breakdown below $24–25 zone would invalidate the flag and suggest distribution instead of continuation.
🔑 Summary:
Setup: Weekly bull flag after a parabolic leg
Bias: Strongly bullish with breakout potential
Trigger: Weekly close above $34.00
Short-term target: $50–55
Full measured move target: ~$64
Invalidation zone: Below $24
Smart money appears to be loading the dips. Breakout traders should watch $34 like a hawk.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.