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Is ASTS building bearish momentum? Fell Below 200 Day Moving Average shows up after tumbling 9.26%
ASTS closed down 9.26% on Monday, June 22nd, with volume running 1.2× above average. Fell Below 200 DMA was spotted, which could indicate a shift in momentum. Key support levels exist at 70.59, 67.98 & 63.38, with resistance at 77.8, 82.4 & 85.01. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of ASTS: F
There’s more where that came from. See all of today’s signals for ASTS here.
Read full article here »