AST SpaceMobile (ASTS)

We received a question on AST SpaceMobile (ASTS).

ASTS: Tactical base breakout looks bullish and targets 77.50

AST SpaceMobile (ASTS) is breaking out of a late July–early October basing pattern that projects further upside toward 77.50. Tactical support sits at the late July peak of 60.95 and the breakout zone at 56.70–55.50. Holding this zone keeps the breakout intact, with a potential bullish breakaway gap at 57.41–57.20 reinforcing support.

A sustained push above the 61.8% Fibonacci extension at 62.93 (extension of the January–July advance projected from the September low) would further strengthen the case for upside to the 100% extension at 79.53.

Chart 1: AST SpaceMobile (ASTS): Daily chart