I am long ASTS and have been accumulating over the year. I plan to hold long term as I expect ASTS to have explosive growth with a divided in the future.
When a stock price gaps up, that gap gets filled eventually. The bottom of the gap is a good entry point as the price will come back down to fill it before returning to its uptrend. I am targeting the gap at $31.19 as a good price to continue accumulating ASTS.
ASTS has two gaps that will be filled in December. I made this chart to determine when the gaps might get filled.
The gap between $31.19 - $32.25 ($1.06 gap) from June 6 - June 9, 2025. This gap is the lowest gap that I will consider buying. The gap is on target to be filled near December 17, 2025. ASTS is launching satellites on December 17. If the launch is successful the price is likely to rise with positive news.
There is a gap at $39.21 - $39.85 from September 12 - September 15, 2025. The target date to fill is December 9. This is a good indicator that the gaps will fill now rather than later. Obviously this gap will be filled before the gap at $31.19. There is a gap at $22, but I don't think the price can get that low.
These gaps will fill in December because the company is close to operational and the world wide interest in owning shares will re-rate the value of the company making it unlikely that the price will drop below these prices again. This is my opinion and not financial advice.
When a stock price gaps up, that gap gets filled eventually. The bottom of the gap is a good entry point as the price will come back down to fill it before returning to its uptrend. I am targeting the gap at $31.19 as a good price to continue accumulating ASTS.
ASTS has two gaps that will be filled in December. I made this chart to determine when the gaps might get filled.
The gap between $31.19 - $32.25 ($1.06 gap) from June 6 - June 9, 2025. This gap is the lowest gap that I will consider buying. The gap is on target to be filled near December 17, 2025. ASTS is launching satellites on December 17. If the launch is successful the price is likely to rise with positive news.
There is a gap at $39.21 - $39.85 from September 12 - September 15, 2025. The target date to fill is December 9. This is a good indicator that the gaps will fill now rather than later. Obviously this gap will be filled before the gap at $31.19. There is a gap at $22, but I don't think the price can get that low.
These gaps will fill in December because the company is close to operational and the world wide interest in owning shares will re-rate the value of the company making it unlikely that the price will drop below these prices again. This is my opinion and not financial advice.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.