Likely when:
1. Rakuten has finished with their sloppy selling
2. semi trade unwinds
3. batch shipment(s)
4. $ASTS mean reversion within space sector is likely, but will also benefit when the sector begins rallying again
gun to my head, bottom into early May, rally into June
$ASTS Watch $89 and $85; a thread:
1. This trendline which starts at the 17.52 low set premarket on April 7th '25. Multiple swing lows have occured on touches: 5th Jun 25, 30th Sep 25, 17th Dec 25, 8th June '26?
2. The 30W - bull market support band is just below at $85
$ASTS
I should clarify, this thread is for downside levels if indexes continue puking. I think there is a good chance the indexes and ASTS open green and that the current low could be enough.
$ASTS Watch $89 and $85; a thread:
1. This trendline which starts at the 17.52 low set premarket on April 7th '25. Multiple swing lows have occured on touches: 5th Jun 25, 30th Sep 25, 17th Dec 25, 8th June '26?
2. The 30W - bull market support band is just below at $85
$ASTS Watch $89 and $85; a thread:
1. This trendline which starts at the 17.52 low set premarket on April 7th '25. Multiple swing lows have occured on touches: 5th Jun 25, 30th Sep 25, 17th Dec 25, 8th June '26?
2. The 30W - bull market support band is just below at $85
7. The $89 level shows a strong buyer defending their position at this level - likely to defend this level again.
$85 also shows strong buying but has not be retested as of yet.
๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐: William Blair Sees Blue Origin Recovery as Positive for AST SpaceMobile, Karman - $ASTS $KRMN $SPCX
๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โค William Blair says Blue Originโs expected launch return benefits ๐๐๐๐ and ๐๐๐๐.
โค Jeff Bezos stated a clear path exists for ๐๐๐ฐ ๐๐ฅ๐๐ง๐ง launches in ๐๐๐๐.
โค AST SpaceMobile remains on track for beta ๐๐ข๐ซ๐๐๐ญ-๐ญ๐จ-๐๐๐ฏ๐ข๐๐ service later this year.
โค Commercial service launch is still expected in ๐๐ ๐๐๐๐, according to AST.
โค AST also received authorization for ๐๐๐ฑ๐๐ ๐ฌ๐ฉ๐๐๐ญ๐ซ๐ฎ๐ฆ usage in Brazil.
โค Karman supplies key components for New Glenn and derives about ๐% platform exposure.
โค Karman expects space segment growth to remain intact with over ๐๐% revenue visibility.
๐ฌ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ญ๐๐ญ๐๐ฆ๐๐ง๐ญ:
โBlue Originโs expected return to launch operations this year is a positive development for both AST SpaceMobile and Karman,โ William Blair noted, following recent comments from Blue Origin leadership regarding New Glennโs recovery timeline.
AST SpaceMobile said at William Blairโs 46th Annual Growth Stock Conference that it continues to expect a beta direct-to-device service launch later in 2026 and a commercial rollout in the first half of 2027.
Karman CEO Jon Rambeau stated that the companyโs space segment growth should be unaffected by the New Glenn launchpad incident and added that Karman has greater than 90% visibility to achieve the midpoint of its full-year revenue guidance, which calls for 25% organic growth.
$ASTS ADX UPDATE
As you can see, the ADX is largely following the fractal from Sep '25:
Impulse off lows>retrace to form higher low>rally>consolidate>rally???
Vertical lines for reference on where I think we are in this process
Targeting $170-200
$ASTS
Lots of information in this chart - but the main idea is that I am seeing similarities to the previous Sept-Oct '25 price action in the retrace prior to, bottom and rally following
Want to see buyers defend the 50sma in the coming sessions on any weakness to validate this
$ASTS
There was no checkback LPS on the way up due to the strength of the rally.
$100-105 resistance has flipped to support and we are now seeing the LPS before further attempts higher.
Very important to hold $100-105 here to see new highs in the short term.
$ASTS
Perfect so far!
The next stage is testing the $100-105 resistance, after which I expect the LPS to occur.
This is profit taking, short's last stand, market makers delta hedging all occuring at the same time resulting in a small pullback before the Jump Across The Creek.