The analyst is bullish on ASTS, noting technical support and a target for a 450% gain to Wave 5 target.
Held support on bullish ascending triangle at $63, bounced through 50 WMA which converted to support, indicating strong technical setup.
$ASTS - Held support on the bullish ascending triangle at $63 - Bounce straight through the 50 WMA - Converted it to support and finished the week on this level Masterpiece. +450% gain to our Wave 5 target from here. https://t.co/89NONPcxj1
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +0.0% | +0.0% |
| 1 week | -9.1% | -9.6% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |