ASTS - Buying Opportunity on ConsolidationASTS set an ATH yesterday (6/25/25) and has consolidated in the pre-market, allowing for anyone who may have missed the stock's run off of those $48.92 Resistance Levels, which have also reversed and turned in support in today's pre-market sessions.
The dip in the stock in this morning's pre-market comes from the company announcing that they will be repurchasing $225M in Debt by selling 9.45M Shares to Participating Note Holders, removing 8.3 Million Underlying Shares in the process.
Looking for another potential re-entry in the stock around the $50.20's-$50.25 price levels with a stop at that previous level of resistance which should act as support if the stock goes any lower first, before heading northward.
