AdamDavis
06-05 04:01

Revisiting $AST SpaceMobile, Inc.(ASTS)$  because the technical setup looks too significant to ignore.

Since the 2024 low, every local top has come with clear bearish divergence on the RSI(5) – price would hit higher highs, but the RSI and money flow indicators (CADO, CMF) showed lower highs, signaling weakening momentum. That pattern has consistently marked the local tops.

However, the recent peak last Thursday shows NO bearish divergence: price, RSI, and CADO/CMF all hit cycle highs. CADO even printed its largest spike ever at 47.8M on 5/29/26, slightly exceeding its prior record from 5/30/24. Accumulation is peaking, and historically, accumulation peaks often precede price moves.

While I don't expect the same 360% follow-through from 2024, the lack of divergence combined with record accumulation suggests a much higher high is likely before a real top forms.

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