AST SpaceMobile gains after Deutsche Bank says the SpaceX spectrum threat is misguided
Shares of AST SpaceMobile rose following a report stating that Deutsche Bank dismissed SpaceX's spectrum threat as unfounded.
The closing price of $44.46 on the entry date of October 15, 2026, is below the 20-day low of $47.57. However, shares were purchased because the RSI is at 32, nearing the oversold zone, trading volume has increased to 4.86 times the average, and the 7-day volatility of -13.4% indicates a continuing downward trend, leading to the assessment that there is potential for a rebound if the support level at the 20-day low of $47.57 is defended.
If I currently bought at $44.46, I will take profit when the price reaches the resistance level of $65.47, and cut losses if the price falls to the support level of $47.57.
RSI(14)=32.0 (oversold), moving averages in non-bullish alignment, trading volume surged 4.86x compared to the 20-day average, 7-day volatility of -13.4%
In the past, AST SpaceMobile showed a pattern of surging following major news, such as +10.7% on 2026-10-01, +3.7% on 2026-08-11, +8.1% on 2026-08-10, +5.7% on 2026-08-04, and +9.6% on 2026-07-17. This time, the price fell despite the positive news from Deutsche Bank, which differs from the past in that the entry was made without sufficient confirmation of buy signals.
The prediction anticipated a 4.5% gain, but the actual result was a -17.3% loss. The RSI oversold condition and surge in volume were interpreted as buying signals, but the non-aligned moving averages and persistent downward trend were overlooked. Although the resistance and support levels were set appropriately, the loss was magnified by the fact that the entry timing was already below the support level.
For the next trade, priority will be given to whether the moving averages are in a bullish alignment, and entry will be made only when the current price forms above the major support level. In addition, further confirmation will be made as to whether a surge in trading volume is a buy signal or selling pressure, and the stop-loss price will be set more conservatively.