$ASTS has made a higher now in the PM and the pull back from last week to the 0.38 Fib at $27 appears to be enough, on the daily time scale it is very difficult to see 3 waves and on the 1hr it is slightly plausible but bulls are here and they are buying the momentum
Playing subwaves is not something I like to do and do not recommend
With a higher high in now, the bulls should be confident about pushing this to the blue line next at $39
I want to be clear, any pull back here to a higher low, particularly to the blue support line at $25.45 or the white fib levels and holding, is an opportunity to add.
The Primary Wave 3 target is quite high at $77
Francisco Martin
2025-02-18 16:15:37 +0000 UTC