FonsieTrader
Nov 14, 12:35 PM
$ASTS WAKE UP GUYS! THIS 200MA IS OUR CHRISTMAS GIFT
The weekly chart just flushed to
$27.58 and snapped right back to the 200-week MA (
$33.54). Closed the week at
$32.60.
• Weekly RSI 32.5, the most oversold it's been since the 2024 base
• 76% off the
$133.86 high, market cap only
$10.4B
•
$3.2B cash on hand +
$1.0B non-dilutive funding from Japan
And the catalysts are lined up for December:
BlueBirds 14-16 already at Cape Canaveral, waiting on a SpaceX launch date
Nationwide intermittent US service set to go live before year-end
Factories ramping to 6 satellites per month in December
~45 BlueBirds in orbit targeted by mid-2027
The last time ASTS reclaimed its 200-week MA (May 2024, ~
$8), it ran to
$39 in 3 months.
Christmas gift or coal: which one is it?
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