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Another 12 months may see whether AST gets the fresh “Intel from room communication” or another preventive story on the equipment startups difficult technical giants. Having a beta coefficient between 1.22 and dos.63 based on schedule, ASTS moves violently on the information. The new stock’s step three.5% everyday volatility creates opportunities for agile traders but requires rigorous exposure management. Latest support lies to $38, that have resistance at the $51-sixty area where earlier rallies were not successful. If you are AST has FCC approval to own satellite surgery, commercial provider agreement playing with terrestrial wavelengths remains pending. People adverse governing you are going to devastate the firm model immediately.
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