Power Plays New Idea: DASH
March 14, 2025
By Scott Redler
Equity markets are stabilizing so I'm going to add two new Power Plays here:
Idea #1: DASH
DoorDash (DASH) has been on the radar since Wednesday and finally looks like it's put in a durable low.
The S&P 500 Index addition is a clear positive in terms of supply-demand dynamics.
I expect the stock to slingshot higher next week, it not into the close today.
DASH needs to hold the $168 to $177 area.
Idea #2: ASTS
AST SpaceMobile (ASTS) is a leading satellite broadband play that just put in a Red Dog Reversal buy setup.
This is another name I expect to slingshot in the near-term.
It needs to hold the $23 to $24.50 area.
Have a great weekend!
-Scott
Scott Redler Positions Disclosure as of 2025-03-13 at 7.23.47 AM