AST SpaceMobile Inc. ($ASTS) has seen notable trading activity recently, with one trader reporting a day trade that yielded over 450% gains. Despite a dip below $33, short sellers have reportedly increased their positions, suggesting a potential for a short squeeze if the stock price can surpass previous all-time highs on a closing basis. Technical indicators, including strong volume and favorable MACD and RSI readings, indicate a bullish trend for the stock. Analysts believe that the company is well-positioned for future gains, even amidst concerns regarding revenue generation, as the market correction may have set the stage for upward movement in both the short and long term.