ASTS - Daily - Likely $47 Range RetestAST SpaceMobile, Inc.BATS:ASTSRoninAITraderCurrently, a head and shoulders pattern has formed around the recent price action, signaling a potential price reversal. However, the price will likely retest the $47 level if the 200-day moving average (MA) continues to hold, as it has during retests in February, April, and June of 2025. Furthermore, accumulation is flat, but a suspected manipulation on August 19, 2025, which saw the price drop from the $47 range to the $36 range, further supports the idea of a retest at the $47 level. The bears have another 14 days in this daily timeframe cycle to take advantage of the price. Since 2021, the company has seen consistent declines in net income and revenue growth, which could indicate trouble gaining traction in its sector. Despite this, it has a healthy amount of debt and a stable free cash flow. The company appears to be stockpiling cash and cash equivalents, which could sustain it for a few years, especially with its small employee base and low overhead. Not financial advice, always do your due diligence Leave a like👍 and/or comment💬. We appreciate and value everyone's feedback! - RoninAITrader