BOOYAH! Check out $ASTS — the option map is telling us a story here! We've got solid support sitting in that $55-$60 zone. If this thing can bounce hard off $60, we're looking at a run to $70, and then — watch out — next week could open the door to $80! That's the kind of setup you want to see!
But here's the warning: if $ASTS can't hold $55, it's UGLY! There's basically nothing underneath to catch it. So this is a critical level — either it bounces and we ride it higher, or it breaks and you're looking at a gap down with no floor. Keep your eyes glued to that $55-$60 range. This is where the action is!
But here's the warning: if $ASTS can't hold $55, it's UGLY! There's basically nothing underneath to catch it. So this is a critical level — either it bounces and we ride it higher, or it breaks and you're looking at a gap down with no floor. Keep your eyes glued to that $55-$60 range. This is where the action is!
