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$ASTS – Coil Pattern Setting Up for Next Leg

– Tight Coil Under 97 with Trendline Break Incoming
is setting up a clean coil pattern after its earnings run — and this looks like the next name ready to move in the space sector rotation.

🔹 The Setup:

Strong run post-earnings → topped around 107

Now rounding + tightening for a couple weeks

Holding key EMAs the entire time — no real damage

Pressing into the 97 level + trendline break zone

This is classic pause → reload → go again behavior.

🔹 Sector Context:

Space names are all consolidating together

just made a move today (even with the offering — annoying but tells you demand is there)

These group rotations tend to move in waves, not one-offs

🔹 Key Level:

97 = trigger zone

Break + hold here and this can start the next expansion leg

🔹 My Trade Plan:
1️⃣ Positioning: Starting light size here
2️⃣ Risk: Today’s low — clean and defined
3️⃣ Add Strategy:

Add on breakout through 97

Or add on a controlled rest day that holds structure

🔹 Important Note (Risk Awareness):

earnings on 3/19 = potential volatility for the whole group

I’m keeping size smaller until that event clears

Once that’s out of the way → much safer to press size

🔹 Why I Like It:

Tight coil + sector strength

EMAs holding perfectly

Clear trigger + clear risk

Strong prior momentum = fuel for next leg

kunal00

📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp

Aynı zamanda::

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

kunal00

📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp

Aynı zamanda::