Power Plays New Idea: ASTS
December 18, 2024
By Scott Redler
Name: AST Spacemobile
Ticker: ASTS
Price: $25.23
Needs to Hold: $20 to $22
Price Objective 1: N/A
Price Objective 2: N/A
The space stock trend remains strong, so I'm adding AST Spacemobile (ASTS) to Power Plays here.
The pattern is tightening up nicely, and a move over $31 could send it back to the highs. So I may actually look to add into strength.
Note: fellow space play Intuitive Machines (LUNR), which we added on Monday, is already off to a fast start.
-Scott
Scott Redler Positions Disclosure as of 2024-12-18 at 9.49.24 AM