Mysterious light growing brighter then ascending then dissapearing.I was standing outside, smoking, when I noticed a bright orange ball of light. I at first thought it was a planet because of how bright it was and since it wasn’t moving. The light then became brighter and seem to expand then dimed. I was looking east-southeast just above the horizon.After it dimed it started moving very slowly to the "right" or south. I then wondered if it was maybe a large jet turning and possibly reflecting light. Then it began to ascend at, what looked like, a 40 or 45 degree angle then after a few seconds it faded out! I have to say I’ve always kept an open mind but have been skeptical not having seen one myself. I’m willing to hear anything that may explain what I seen because I’m a bit stunned. I understand the laws of science and it did not seem to fit anything that I have ever seen before.