Aftee 🅰️

$ASTS On Friday I marked out mid $60s being a big point of interest. We are arriving at that important level where we want to see sellers exhaust themselves and bulls to step in. Record short interest today as well which could add support for some shorts that will use this dip to cover. *NFA

$ASTS Good Afternoon my Sp🅰️ceMob Brethren, I know times have been hard in recent, but let me show you where things truly stand from the lens of a quantitative researcher.

$ASTS daily charts: the key concern is we officially closed below the uptrend from last April. This opens up downside without a quick reclaim or a failure to hold the 175ema and 200sma. This brings into focus the anchored VWAP from last April which sits just above $66, which aligns with my weekly chart level of the weekly 50sma also around $66. There's a trend line on the linear chart that is just below today's close that we tested on Monday's open. If we lose that trend it aligns with another trend also around $66. Since going public, every April has printed an April low that often preceded a strong rally that peaked at the end of June to as late as August. Only in 2022 during the bear market did it take out April's low, but it still rallied far higher by August. The 300EMA currently aligns with the $65/$66 point of interest. With this much confluence both where we closed today and at $66 we have two points of interest that will be very important into next week. Losing last week's low sets it up for a rapid sweep to $66 area imo. How we react at either Monday's low or $65/$66 will determine how deep and how long this correction could last. My lean is a major low will be put in next week or possibly the start of May. Whether that's low to mid $70 or mid $60 probably won't matter by the summer as I still expect this to trade much higher by then. Lastly, it's worth noting that technical levels can undercut and not necessarily invalidate if a reclaim materializes. Have a good weekend! *NFA

I think we bottomed. If not today then tomorrow. *NFA

$RKLB - Cramer's lightning round: 'Rocket Lab is a winner' Rocket Lab: "I feel exactly like you. And when they had a problem two weeks ago, the stock barely went down for a day, and that's about it. I think Rocket Lab is a winner, and that is a speculative stock that I am blessing right here." Love how Cramer keeps saying Rocket Lab is a “speculative stock” as revenue approaches $850M this year. Anyways, we have been cursed by Cramer. Sell it all! 🙃

$ASTS 30min has a falling wedge with an undercut. Normally see this as a bottom is forming. The RSI is making higher lows. Daily is nearly at the 200sma for the first time since early June 2025. Also declining support from October's high. More reasons to expect a bottom over coming sessions than a prolonged drawdown imo *NFA