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MomentumTradingHQ.com Featured Stock for the Week of 9/23/24 - 9/27/24: AST Spacemobile (ASTS) Day Trade Return of 11.8%

Financial giants have made a conspicuous bullish move on AST SpaceMobile says Benzinga Newswire. Their analysis of options history for AST SpaceMobile revealed 24 unusual trades where 50% of traders were bullish, while 37% showed bearish tendencies.


Our proprietary real time alert services picked up ASTS's unusual stock and option volume Friday morning. Depending on your favorite momentum indicator several opportunities presented themselves to get in to capture a portion of the daily return.


As shown in the chart below, a day trade entered at 10:15 am and closed at the end of the day would have gained 11.8%. The chart shows the indicators that were triggered as well as the time.


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