Power Plays New Idea: ASTS
October 8, 2024

By Scott Redler

Name: AST SpaceMobile

Ticker: ASTS

Price: $24.76

Needs to Hold: $19 to $21

Price Objective 1: N/A

Price Objective 2: N/A

I'm adding satellite name AST SpaceMobile (ASTS) to Power Plays here.

The pattern is getting nice and tight and it looks ready to resolve higher.

Short interest is very high, which could help ignite the stock.

I'll consider this a half-sized position, and I'll look to add if it can get and stay above the $26.50 area.

-Scott

Scott Redler Positions Disclosure as of 2024-10-08 at 12.42.13 PM