$ASTS sitting at a potential short entry around 52.80—near 6-month lows while the broader market prints all-time highs. That divergence alone is worth watching.
The setup: tight stop above the black line (looks like resistance), cover if price closes above. Otherwise, let it run lower. Risk/reward is clean when you can define the exit that precisely.
Not chasing strength here—just playing the weakness against a frothy backdrop. If the market rolls over, names like this tend to get hit harder. If it reclaims that level, you're out quick. Simple structure, defined risk.
The setup: tight stop above the black line (looks like resistance), cover if price closes above. Otherwise, let it run lower. Risk/reward is clean when you can define the exit that precisely.
Not chasing strength here—just playing the weakness against a frothy backdrop. If the market rolls over, names like this tend to get hit harder. If it reclaims that level, you're out quick. Simple structure, defined risk.
