Power Plays New Idea: ASTS
+ Trim BULL
July 2, 2025
By Scott Redler
Before we get to our new position, we'll take off half of Webull (BULL) since it is surging.
That leaves us with 1/2 the original position.
Now, on to today's additions:
New Idea #1
Name: AST SpaceMobile
Ticker: ASTS
Price: $44.20
Needs to Hold: N/A
Price Objective 1: N/A
Price Objective 2: N/A
AST SpaceMobile (ASTS) appears poised to make a mega move, so I'm adding it to Power Play here.
I am not listing a danger zone because this stock is very unpredictable.
And there is a chance it heads to the $41 area before we see that big potential rally.
So I'd keep this small and be ready to add lower.
New Idea #2
Name: SPDR S&P Biotech ETF
Ticker: XBI
Price: $84.99
Needs to Hold: $78 to $82
Price Objective 1: N/A
Price Objective 2: N/A
Biotech is turning the corner and SPDR S&P Biotech ETF (XBI) looks ready to explode through the $86 area.
So I'm adding it to Power Plays here.
-Scott
Scott Redler Positions Disclosure as of 2025-07-02 at 11.15.55 AM
Note: these are not Power Plays ideas