🚀 Trade Idea: Long AST SpaceMobile (
ASTS) with a strong breakout setup forming just above the Ichimoku cloud on the daily chart.
🔍 Technical Breakdown:
Ichimoku Cloud: Price has cleared the cloud, signaling a bullish trend shift. The Tenkan-sen (conversion line) is trending upward, supporting momentum.
Breakout Level: Clean break over horizontal resistance near $25, with a bullish daily close confirming strength.
Volume & Price Action: Bullish candles building above consolidation zone. No upper wicks = buying pressure.
Pivot Points: Next major resistance sits at R1 = $32.99, aligning perfectly with our +29% target.
📊 Trade Details:
Entry: $25.33
Target: $32.99 (+29.35%)
Stop-Loss: $23.75 (-6.23%)
Risk/Reward: 4.71 : 1
💡 Fundamental Angle:
ASTS is building the first space-based cellular broadband network. Any positive news or partnership update could catalyze a sharp move. With shorts potentially caught flat-footed, the setup offers both technical strength and narrative tailwinds.
Watching for:
Sustained volume above $25
Close above $27 to unlock momentum toward $33+
📌 Not Financial Advice. Trade your plan and manage your risk.
#ASTS #Breakout #Ichimoku #SwingTrade #TechnicalAnalysis #SpaceTech #Stocks #TradingView
ASTS) with a strong breakout setup forming just above the Ichimoku cloud on the daily chart.🔍 Technical Breakdown:
Ichimoku Cloud: Price has cleared the cloud, signaling a bullish trend shift. The Tenkan-sen (conversion line) is trending upward, supporting momentum.
Breakout Level: Clean break over horizontal resistance near $25, with a bullish daily close confirming strength.
Volume & Price Action: Bullish candles building above consolidation zone. No upper wicks = buying pressure.
Pivot Points: Next major resistance sits at R1 = $32.99, aligning perfectly with our +29% target.
📊 Trade Details:
Entry: $25.33
Target: $32.99 (+29.35%)
Stop-Loss: $23.75 (-6.23%)
Risk/Reward: 4.71 : 1
💡 Fundamental Angle:
ASTS is building the first space-based cellular broadband network. Any positive news or partnership update could catalyze a sharp move. With shorts potentially caught flat-footed, the setup offers both technical strength and narrative tailwinds.
Watching for:
Sustained volume above $25
Close above $27 to unlock momentum toward $33+
📌 Not Financial Advice. Trade your plan and manage your risk.
#ASTS #Breakout #Ichimoku #SwingTrade #TechnicalAnalysis #SpaceTech #Stocks #TradingView
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.