ASTS Stock (AST SpaceMobile stock) ASTS STOCK PREDICTION ASTS STOCK Analysis ASTS news

Summary

The video discusses the rise in Space Mobile's stock price following the FCC granting a license for space-based operations. The company is developing a space-based cellular network to provide broadband services for smartphones in the US. The initial license allows for the launch and operation of three frequencies to support various satellite operations. The presenter highlights a potential breakout in stock price, advising viewers to set a stop loss and watch for volume to confirm a bullish trend, with the stock currently holding strong despite market downturns.

Takeaways

• 🚀 Space Mobile shares are rising after receiving a space license from the FCC.
• 📈 The stock market is closing soon, with the stock currently at $22.10.
• 🔍 Resistance is noted at $23.28; breaking this could push the stock to $25 and potentially $30.
• 🕰️ Historically, the stock hit a high of $23 but has struggled to reach it again until now.
• 📊 A breakout opportunity is present; it's advised to set a stop-loss to mitigate risks.
• 🛰️ The FCC granted a license for space-based operations, enabling a space-based cellular network.
• 🌍 The goal is 100% nationwide coverage of the continental U.S. with premium cellular spectrum.
• 💰 The company anticipates increased revenue as more users switch to its network.
• 📉 Despite market downturns, the stock held its position, indicating strong support.
• 🔄 Trading strategies include buying on pullbacks or MACD crossovers, focusing on bullish momentum.

Q & A

What caused the rise in Space Mobile's stock price?

The rise in Space Mobile's stock price was caused by the U.S. Federal Communications Commission granting the company an initial license for space-based operations, which paves the way for the development of a space-based cellular network.

What is the significance of the FCC license for Space Mobile?

The FCC license is significant because it allows Space Mobile to launch and operate three different frequencies that support Gateway feeder link, Telemetry tracking, and control operations for its first five commercial satellites. This milestone is crucial for the company's goal of providing 100% nationwide coverage from space across the continental United States.

What are the potential price targets mentioned for Space Mobile's stock if it breaks past $23?

If Space Mobile's stock breaks past $23, the potential price targets mentioned are $25 and possibly $30.

Why is there resistance at the $23 price level?

There is resistance at the $23 price level because the stock previously hit this high before pulling back and has not reached this level again until now. Breaking this level could signal a significant breakout.

What does the speaker recommend if someone didn't buy the dip in Space Mobile's stock?

The speaker recommends playing the breakout strategy if someone didn't buy the dip, while also setting a stop loss to avoid holding the stock if it drops back down significantly.

What is the importance of setting a stop loss when trading on a breakout?

Setting a stop loss is important when trading on a breakout because it protects the trader from significant losses if the stock fails to continue its upward momentum and instead declines.

What historical price point does the speaker reference as a key level for Space Mobile?

The speaker references the $23 price point as a key level, which the stock had difficulty surpassing in 2021 before pulling back.

What is the speaker's strategy for trading Space Mobile's stock?

The speaker's strategy for trading Space Mobile's stock involves watching for a breakout above key resistance levels, setting a stop loss, and using indicators like the MACD crossover to identify buying opportunities.

What does the speaker suggest could happen if Space Mobile's stock breaks out above $23?

The speaker suggests that if Space Mobile's stock breaks out above $23, it could potentially reach $25 or even $30, given the bullish momentum and historical price action.

What advice does the speaker give regarding market volatility and stock dips?

The speaker advises being cautious during market volatility and suggests waiting for pullbacks or buying during MACD crossovers on lower time frames to take advantage of dip-buying opportunities.

Outlines

00:00

🚀 Stock Surge After FCC Space License Approval

The video discusses a significant rise in Space Mobile's stock prices following the FCC's approval of a space license. The stock is approaching a critical resistance level at $23.28, with the potential to reach $25 and beyond if the resistance is broken. Historically, the stock had once peaked at $23 before retreating. The presenter emphasizes the opportunity for a breakout, advising viewers to set a stop loss to mitigate risks. The surge is attributed to the FCC granting an initial license for the company to develop a space-based cellular network, enabling it to provide broadband services for smartphones across the US. The company is authorized to launch and operate three frequencies for its first five commercial satellites, marking a significant regulatory milestone towards nationwide coverage. Despite market downturns, the stock has shown resilience, and the presenter is bullish on its potential for a breakout, especially with increasing volume indicating strong buyer interest.

Keywords

💡Space Mobile Shares

This term refers to the stock of a company that is involved in space-based mobile technology. In the video, it is mentioned that the shares are rising, indicating an increase in the company's market value. The script discusses the potential for the stock to break through certain price levels, which is a central theme of the video's financial analysis.

💡FCC

FCC stands for the Federal Communications Commission, which is a regulatory body in the United States responsible for overseeing communications by wire and radio in all 50 states, the District of Columbia, and U.S. territories. In the context of the video, the FCC has granted a license to the company, which is a significant event that has contributed to the rise in the company's share prices.

💡Stock Market

The stock market is a platform where shares of publicly held companies are issued and traded. In the script, the stock market's closing time is mentioned, emphasizing the urgency and time sensitivity of the trading decisions being discussed, particularly in relation to the space mobile shares.

💡Resistance

In the context of stock trading, resistance refers to a price level that an asset has difficulty surpassing. The script mentions a resistance level at $23.28, suggesting that if the stock can break above this level, it may continue to rise, which is a key point in the analysis of the stock's potential movement.

💡Breakout

A breakout in stock trading refers to a situation where the price of a security moves significantly past a certain level, often after a period of consolidation. The video discusses the potential for a breakout above the resistance level, which is a central theme of the trading strategy being presented.

💡Stop Loss

A stop-loss order is an order placed with a broker to sell a security when it reaches a certain price. It is designed to limit an investor's loss on a position. In the video, the presenter advises setting a stop loss when playing the breakout to avoid significant losses if the stock price drops unexpectedly.

💡Space-Based Cellular Network

This term refers to a network that uses satellites to provide cellular connectivity. The script mentions that the company is developing such a network and has received an initial license from the FCC, which is a key development in the company's growth and the reason for the stock's rise.

💡Broadband Services

Broadband services refer to high-speed internet access available through various technologies. The script explains that the company's space-based network is intended to provide broadband services for everyday smartphones in the US, which is a significant part of the company's business model and the reason for investor interest.

💡Nationwide Coverage

Nationwide coverage implies that a service is available across an entire country. The video discusses the company's goal of achieving 100% nationwide coverage from space, which is an ambitious target that could significantly increase the company's market reach and potential profitability.

💡Volume

In stock trading, volume refers to the number of shares that are traded during a given period. The script mentions the need for volume, indicating that the presenter is looking for an increase in trading activity as a sign of continued interest and potential upward movement in the stock price.

💡EMA (Exponential Moving Average)

The exponential moving average is a type of moving average that places greater weight on more recent prices. In the script, the presenter discusses dip buying opportunities at the 200 EMA on the 5-minute chart, indicating that this technical analysis tool is being used to identify potential buying opportunities in the stock.

💡MACD (Moving Average Convergence Divergence)

MACD is a technical analysis indicator used to identify trends and momentum changes in the price of a security. The script mentions crossovers on the MACD as a sign of continued buying pressure and potential for the stock to continue its upward trend, which is part of the presenter's strategy for trading the stock.

Highlights

Space Mobile shares rise after FCC grants space license.

Stock market is closing in 5 minutes, with the stock up at $22.10.

Resistance at $23.28, with a potential rise to $25 and beyond if broken.

Historical high of $23 reached before, with an opportunity to break and surpass it.

The stock is showing signs of breaking out, suggesting a potential rise to $25 and $30.

US Federal Communications Commission grants an initial license for space-based operations.

The company is developing a space-based cellular network for broadband services.

Authorized to launch and operate three different frequencies for satellite operations.

The company aims for 100% nationwide coverage from space on premium cellular spectrum.

The regulatory milestone is significant for the company's future expansion and revenue.

Stock held steady despite market downturns, showing resilience at $17.76.

A breakout above $20 occurred, with the stock currently at $22.70.

The potential for a massive breakout is present if buyers continue their momentum.

Volume is crucial for confirming the breakout and sustaining the upward trend.

Dip buying opportunities are visible on the 5-minute chart around the 200 EMA.

A strategy of waiting for a pullback or buying on a MACD crossover is suggested.

Bullish momentum is expected to continue, creating higher highs and lows.

The importance of setting a stop loss when playing the breakout to avoid significant losses.

The channel discusses a variety of stocks, including AI and tech-related companies.

Transcripts

as space mobile shares rise after FCC

Grant space license the stock market is

closing in 5 minutes as you can see at

the bottom right corner and the stock is

up at

22.10 we do have resistance at

2328 if we can break that we'll go to

$25 and then the sky is the limit

because if we go way back in time this

stock did hit a high of

$23 before pulling back and never ever

seeing $23 again up until now now we

have an opportunity for us to break $23

and blow past it and go to 25 and

possibly 30 just to show you an example

palent here it is it is getting ready to

break this $30 it's been having a hard

time breaking 30 but it is on the CP of

breaking out and going even higher so

breakouts my friends this is an

opportunity to play the breakout if you

didn't buy the dip I did not buy the dip

I was not aware of this stock until

recently so I have no choice but to play

the breakout and set a stop loss just to

be clear you want to set a stop- loss if

you're playing the breakout you don't

want to buy at 23 and then hold the bag

all the way back down to 10 it did that

I just showed you it did that already

once and it could do it again we don't

know when the run is going to end but we

can take advantage of it if it's going

to continue to create higher highs and

higher lows so with that out of the way

let's look at what caused the rise in

share

price Regulators granted the company a

license for space-based

operations the company which is

developing a space-based cellular

network said Monday that the US Federal

Communications Commission has granted an

initial license that paves the way for

the network to provide Broadband

services for everyday smartphones in the

US and they are now authorized to launch

and operate three different frequencies

that will support Gateway feeder link

and Telemetry tracking and control

operations for its five commercial first

five commercial satellites first by the

way it's they're just starting out with

five we'll get more down the line This

regulatory Milestone is a significant

step towards targeting 100% Nationwide

coverage from space of the continental

United States on premium cellular

Spectrum so that is bullish because it's

only the first

as we get more out there and as we start

to get more coverage across the us more

money in their pockets as more people

switch over because a lot of people are

going to have to switch over I

imagine but look we're sitting at 22.2

the stock where are the sellers the

sellers the sellers even with Nvidia and

the market as a whole

dumping the past couple of days and last

week

Friday look what happened this one held

it held down here at

1776 for all intents and purposes here

is where the stock recently bottomed out

here's where we had the breakout today

and as you can see we broke out above 20

and we're at 22.7 if we can get a

breakout about 23 that previous big

level that we had a hard time getting

over way back in 2021 if we can get over

that 25 to 30 is absolutely possible and

that is what I'm watching out for

especially let me see where is the

volume I need some volume

here well again buyers they're here and

if they continue to be here we're going

to see a massive breakout on this stock

and I am very bullish on it again please

have a stop loss don't just buy it and

then hold it back down to

$10 it you don't want to be that guy

take a small loss move on if we switch

over to the smaller time frames here the

5 minute time frame you'll notice there

are a lot of dip buying opportunities at

the 200 exponential moving average at

least on the 5minute chart so either

wait for a pullback or buy on a

crossover on the magd if we're going to

continue to break out you will get

plenty of crossovers on the magd because

that's what needs to happen in order for

the buying pressure to continue creating

those higher highs and higher lows which

you could even see here on the lower

time frames here's the higher high

here's the higher low higher high higher

low and so on and so forth so it depends

entirely entirely on your strategy this

is my strategy again as long as a stock

has bullish momentum we will continue to

see those Crossovers and that bullish

breakout to the upside that's it for the

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