AST SpaceMobile, Inc. ASTS

#ASTS space mobile very bullish news this morning.
five satellites being launched next week on the 13th and additional 18 being built STS is not seeking additional financing because it has enough to cover all that and build the additional 18 rockets.
obviously, there are possible technical, and other challenges and it is still risky, but the opportunity looks very promising from my analysis and many others!
this will be trading anywhere between $38-$52 very soon and with hundreds of millions of contracts closed $52-$100+ by October -November 2024
and possibly over $100 after launch of next 18 rockets in Q1ish 2024

Just a suggestion to bulls, buy some puts to hedge against the possibility of it going down.

Shorts covering

Seller ls want to sell, buyers just don’t want to buy… stagnation

Resistance at 28$
Ic that break it’s going to be a bad day.

We have to understand market makers are working against us

Hold the line suckers!! Hold the line!!

Don’t panic if you think your position is correct sit back and relax

Buckle up this stuff about to reeeaall