Hey traders, Barrie Einarson here with today’s edition of “What Makes This Trade Great?” Let’s dive into one of the most exciting stocks on our radar today: AST SpaceMobile Inc. (ASTS).To Subscribe: https://go.trade-ideas.com/SHQ
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The Buzz Around ASTS: What’s Happening?

ASTS has been a fascinating stock to watch recently, and for good reason. They had some significant news in the pre-market that caught my attention. First off, they announced their upcoming satellite launch, which is set to happen either on September 10th or 15th (details still being clarified). This news alone has generated a lot of buzz among traders, but that’s not all.

They also raised additional capital by cashing in some warrants, which is a strong move to fund their ongoing projects and expansion plans. Plus, Deutsche Bank has thrown a $63 price target on them, adding more fuel to the bullish sentiment surrounding ASTS. That’s a pretty bold call and has naturally made a lot of traders sit up and take notice.

How to Trade ASTS with GoNoGo Charts

Now, let’s talk strategy. I want to highlight the power of using GoNoGo Charts, which is an excellent add-on for Trade Ideas at $50 a month. These charts provide clear visual signals that help identify potential entry points.

Looking at the three-minute chart for ASTS today, I noticed it started with an orange bar. This orange color is essentially telling you to hold off and not jump in yet—the direction isn’t clear, and the trade could go either way.

But then, something interesting happened. The chart transitioned from orange to blue, signaling a bullish pattern. This is a critical moment. The shift from orange to blue suggests that the trend is reversing, and it’s time to consider going long.

And let me tell you, it worked like a charm today! Right after the color change, ASTS took off, climbing higher and higher. You could have entered around $32.44 and ridden the wave for almost a $4 move to the top! A solid trade by any measure.

Why GoNoGo Charts Matter

GoNoGo Charts give you a visual edge by clearly signaling potential trend changes. Of course, not every trade will play out perfectly, but the clarity these charts provide can help manage your risk and stay on the right side of the market momentum.

If you’re curious about how GoNoGo Charts can work for you, I invite you to join me in the trading room. I’ll be demonstrating exactly how to use these charts to spot great trade setups like we saw with ASTS today.

Wrapping Up

So, keep an eye on ASTS. The fundamentals are lining up with some strong technical signals, and there’s a lot of excitement around this stock right now. Don’t miss out on the potential opportunities! Check out my homepage for more information.

See you in the trading room, and let’s keep those trades rolling!

Barrie Einarson