NokiMo
The Long Investor
The Long Investor

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$ASTS

A -9% flush down on no news is typically something that I see happening when there is a stop loss raid

Soros also revealed last week that he has added more $ASTS to his fund too.

On the weekly chart we can see that the 50 WMA is at $23.50, a retest of this level may be needed before reclaiming the blue support line again.

The 50 WMA has also been a support level since Jan '25 too.

I have two buys in for $ASTS now and will consider a third when $25.40 is recaptured but I am add minded and not considering selling here.

$ASTS

Comments

Cap how do you get the 1.618 Fibonacci at above 70. If I do it from the start of wave 1 until wave 2 mine is at 52.69 with the excact same numbers.. what I am missing here or doing wrong?

Rob

On the daily I’m seeing an abc correction from the 6th March high to the 7th April low. Then 5 waves up to the 14th May high. So possibly another correction coming?

Powellio

Perfect timing as always

Willy G


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