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