$ASTS This is as standard you can get.
Wave 2 support level is always set at the 0.618 Fib, which is where support has held here
When Wave 2 is confirmed, we can set the Wave 3 target at the 1.618 Fib, in this case it is at $258
Wave 5 target is therefore $387.
From $63 to $387 in less than 2 years once management continue to execute as expected
It is as simple as that.
Bookmark for reference.