Alex Dudov
⬤ AST SpaceMobile stock keeps climbing, trading around $122 with a clear uptrend showing higher highs and higher lows. The momentum shift started near $70 and sparked the current rally, with price action staying above key dynamic support lines throughout the move.
⬤ ASTS has been riding along blue and red trend lines without breaking below these supports, showing genuine strength rather than distribution. Recent consolidation near the highs hasn't damaged the underlying structure, keeping upward momentum alive.
⬤ The stock is testing visible resistance now, with longer-term targets pointing toward $140 based on the chart's projected path. Momentum indicators stay strong with no confirmed bearish signals appearing yet.
⬤ This sustained directional strength in ASTS could influence sentiment around momentum-driven tech stocks. How price behaves near these upper resistance zones will likely shape near-term volatility and determine whether the trend continues its run.
Alex Dudov
