Jun. 17 at 4:19 PM
$ASTS
Back to roughly where it was when
$VZ first announced the direct deal with ASTS… and honestly, price hasn’t really gone anywhere for ~8 months despite steady progress.
Latest update: successful stacking configuration for Block 2 satellites.
From a trading lens, what stands out to me is the structure:
Holding around the 175 EMA
Staying just above the 200 SMA
Long 8-month consolidation forming a wide ~50% base
Feels like one of those names where nothing “exciting” happens for a while, but underneath, the structure quietly tightens.
These long bases don’t usually stay quiet forever they tend to resolve with expansion once positioning finally flips.
Not calling direction here, just watching how long this compression can persist.
