Prediction (tin foil): In the next 90 days $ASTS will successfully test BW3 end to end. Stock price pumps and bears will short as they expect the pendulum swings right back. Within a month
@ATT
commits to funding and a wave of bank initiations hit. This is your unlock.
IMO, $ASTS represents an amazing event driven opportunity in Q1 2023 as they test w/ MNO partners. I can see shorts pull back and traders/investors load before the catalyst. Partner,
@ATT
starting to heavily promote as data suggests they are testing w/ FirstNet now 1/4
Breaking news: Another world-first achievement for
#ASTSpaceMobile
! Using
@ATT
cellular spectrum, we connected everyday smartphones to our BlueWalker 3 test satellite and recorded 4G LTE download speeds of >10 Mbps. Read more about this historic feat here:
Cleared out a good amount of risk in the yellow circle, which is 200 day and 40 week. If bulls can reclaim we can shoot to $4 and the gap fill next. Great day and so happy for the mob! $ASTS
$ASTS continues to consolidate much like it did back in July. It sure looks like she’s getting primed for a big move. Personally, I never thought deployment as a market moving event, but the chart says otherwise. Or something else is brewing behind the scenes
Looks like a powder keg. 4x tests into key resistance. 30% short float. Downtrend and averages all converging directly above. This could explode on news - if only there was a catalyst 😉 $ASTS
Now we’ve turned $13 into support things really open up. Once $14.20 clears we should trade $15 fast. A little slow down at $16 and our gap fill at $17.50. Major support below is $13. $ASTS
Higher lows. Sold down close to the .5 retrace, but that’s all bears could manage. You take away Fridays drool and it looks like we’re consolidating at $6. We could continue higher tomorrow $ASTS
In my opinion,
@AbelAvellan
just wanted to confirm previous guidance. Testing has begun in January. This is good and I look forward to more updates soon. $ASTS
Great day, but still in consolidation mode. Let's see if bulls can push this up & out tomorrow or if we need one more move down to complete. This is about to rip either way. $ASTS
Breakout and traded straight to $9 resistance. A lot needs to happen, but see a bullish path to test the uptrend at $15+. Looking forward to $ASTS business update on Monday.
I’m getting a lot of heat for this. Could I be wrong and we head a lot lower, yes. But from my perspective sentiment is shit and the market is starting to price in a nasty delay. I like buying that $ASTS
The SpaceMob is analyzing every word like he's Jay Pow. Sounds like everything is on track to me. They have a very clear path forward, and the next step is to continue to work on the ground with partners like Nokia and Rakuten to connect the array directly to a handset. $ASTS
Working toward telco testing with BW3, the largest commercial comms array ever deployed in low Earth orbit! Also prepping for initial production next year of the AST 5000 ASIC chip for next-gen BlueBird sats. We believe this will be the most adv chip of its kind in space! 📶
#5G
Breakout and 5th attempt at reclaiming $4. Bears managed to reject, but running out of ammo. Highest close since loss of $4. Bullish seasonality has officially started and as tax selling wanes, bulls have a great setup next week. Happy Holidays to all! $ASTS
In no man’s land. $6 support and $6.85 resistance. Despite price action, the unfurl was a major de-risk as they could not simulate it on earth. Array is pointed correctly and ready for space 5g. I continue adding post launch. Happy Thanksgiving to all! Except
@KerrisdaleCap
$ASTS
Bought the retracement. Slowly building back the position post launch. Was going to wait until after further derisking but didn’t expect to see these prices. Up to 14k shares at a $6.49 CB and 20 2025 5c at $3.4. $ASTS
$ASTS Reports Monday after the bell. IMO, the only thing that matters is if BW3 has passed final testing and is ready to ship/has shipped. Any further details on launch would be a cherry on top.
@AbelAvellan
Strong close and resting right below the monster downtrend. I think they 1) gap it up Monday morning or 2) dip & rip it. Either way, bulls win, bears lose, and the
#spacemob
prevails. HAGW. $ASTS
Looks like a powder keg. 4x tests into key resistance. 30% short float. Downtrend and averages all converging directly above. This could explode on news - if only there was a catalyst 😉 $ASTS
Now that BW3 has arrived in Cape Canerveral any further delays have been de-risked. We are a go for early to mid September. I bet B Riley initiates coverage soon after ER on 8/15. $ASTS
In spite of markets putting in new lows and rates going parabolic, it appears the strongest growth stocks and de-SPACs have already bottomed. Don’t forget these topped well before indexes. First in first out $ASTS
Zooming out, I think it will be this easy. Event driven run (block 1 launch) to the top of the channel. No reason to complicate things. Back up to 25k shares at 3.32, but considering doubling up Monday morning. $ASTS
I can’t believe $ASTS drops an offering after funding news. Comical and sad. Very happy I’m in light and will look to load sub $3 as they prepare for launch of block 1. This is a good reminder on why I started swinging this stock vs buy & hold.
Great close - highest post dilution. Chewed through supply and now resting on top of a volume shelf. The downtrend is right above but has already been tested 3x. Exciting! $ASTS
This week BW3 should finish environmental testing in CA and start its journey to Cape Canaveral for the planned September launch. Hoping for an update soon
@AbelAvellan
@AST_SpaceMobile
$ASTS
Interesting timing. Im not sure you’d be pumping the tech unless everything was running smoothly. At a big spot now - could see a small overshoot and then ripper. Still in just my core position but watching closely $ASTS
Setup looks constructive heading into tomorrow. The
#spacemob
stepped up in a tough tape and defended the breakout. Short term RSI reset and forming a pennant. $ASTS
Fundamentally, they have 12 months of cash on hand and have fully funded Block 1. It's easy to get frustrated with price, but the business has been de-risked with a world changing catalyst approaching in the next several months . It's always darkest before the dawn $ASTS
Back in the chop zone and consolidating below local highs. Could see us kick down to $5.6, but as long as that holds we trade $6+ and the 200DMA. Been pretty quiet the past few weeks and is getting primed for a big move. $ASTS
It’s ok to be frustrated and say things publicly. That’s a shareholder right. And to make it clear, I’ll be buying more early next week because I believe that the r/r is extremely attractive at these levels. $ASTS
@AbelAvellan
@AST_SpaceMobile
While I’m long at a great avg price, you have made bag holders of so many of your believers. Less emojis, more execution please! $ASTS
Love being back full size in $ASTS. Thesis is simple: event driven run into Block 1 launch. Can we go lower short term? Sure, but see 50-100% upside from current levels. Biggest risk is launch is pushed back to Q3. I still think it works out, but will come with some serious pain
Short term, we are getting extremely overbought and due for a healthy pullback. I bet we tag $5 Tuesday open (FOMO) and then fade. Bulls want to hold the .618 from highs. This could take a day or week, but short term RSI needs to cool before the next leg up to $5.60/$6 $ASTS