ASTS is in a downtrend since June, acting as a sell-on-rally stock due to lost momentum; further downside risk exists if key support fails.

as ESTS and Rocket Labs have been really hard, you know, it's just uh I think uh SpaceX took a lot of the the traders away from AS and Rocket Labs because it moves well. It's newer. It's got Elon Musk, etc., etc. I'm I'm hoping for those who are in this thing for as an investment. They're not just like, you know, it doesn't go a hell of a lot lower. But, you know, again, um, concept momentum names are great when they're above the 820 one day. When they break, they break. You know, you had a double top. I remember this gap down right here, lost the 8day. That's when the stock changed. The stock has never been the same since since June. It's been a sell on every rally with little things to do. I tried selling a lot of puts in here and now it's kind of dangerous. You know, it's big support. It breaks that.