Apr. 3 at 12:40 PM
Over the past few sessions, we’ve seen a classic market reset across multiple names — exactly the kind of action that strengthens a trend.
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$ASTS pulled back into the
$69 area, testing its 200-day moving average after running to ~
$71.
$RKLB even pushed slightly below its 200MA (~
$57) down to
$55.
$NBIS held a test around
$89 with the 200MA sitting near
$88.
$ONDS dipped into ~
$7.8, landing right on its 200EMA, with the 200MA around
$7.2.
Meanwhile,
$KRKNF stayed above its 200MA near
$4.2.
Red on the screen isn’t fun, but structurally this is constructive: weak hands shake out, support gets confirmed, and the trend resets with better footing.
Nothing has changed fundamentally — this kind of pullback is what often sets the stage for the next leg toward new highs.
Watching the follow-through.
