I don't have a position in $ASTS. I'll need to study the company's fundamentals before I consider entering a position.
Wave [IV] has retraced 61.8% of Wave [III] and may have hit the bottom. However, this does not mean Wave [IV] has ended.
Wave [A] may have ended and we may be in Wave [B]. Since Wave [IV] covered $70 dollars, this Wave [B] up can go pretty high. Or, if the entire Wave [IV] has ended and we're in Wave [V], then a new high.
In any case, it looks like there is an up wave, if the entire market (SPX) resumes its uptrend.
Wave [IV] has retraced 61.8% of Wave [III] and may have hit the bottom. However, this does not mean Wave [IV] has ended.
Wave [A] may have ended and we may be in Wave [B]. Since Wave [IV] covered $70 dollars, this Wave [B] up can go pretty high. Or, if the entire Wave [IV] has ended and we're in Wave [V], then a new high.
In any case, it looks like there is an up wave, if the entire market (SPX) resumes its uptrend.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.