Eseandre Mordi
⬤ AST SpaceMobile is drawing renewed attention as the stock steadies itself heading into its March 2 earnings date. ASTS already locked in a $30 million defense contract and is widely viewed as one of the few pure-play opportunities in space-based broadband. Bullish traders are treating the current dip as a healthy reset, and the upcoming earnings report is the clearest near-term catalyst on the horizon.
⬤ The weekly chart tells a fairly straightforward story. ASTS closed at $82.36, up 2.69% on the week, after moving between $77.90 and $88.58. Price is still inside the ascending channel that has shaped the trend since early 2025, with recent candles sitting in the lower half of that range. The broader uptrend hasn't broken - it has simply cooled from the swing high area near the low $100s.
⬤ Earnings matter here because they can reprice momentum fast, especially for a name with weekly ranges this wide. The key question is whether ASTS can rebuild toward the mid-channel zone after this pullback. ASTS Stock Holds Inside Rising Channel as SpaceMobile Momentum Builds covered similar dynamics in earlier price action.
⬤ The defense contract adds a sentiment anchor heading into the report, reinforcing the broader thesis that space-based broadband is becoming strategically relevant. Technical levels around current price have also been tracked closely, including AST SpaceMobile Holds $84 Support at Key EMA Cloud Level and AST SpaceMobile Fights for Weekly Close Above $88 After Dropping From $120. With the stock near $82, the March 2 print will likely determine whether the rising channel stays the dominant roadmap - or gets tested more seriously in the weeks ahead.
Eseandre Mordi
