Institutional Accumulation Detected: ONDS is Waking Up.
We are looking at a textbook technical setup on the weekly timeframe. After a multi-year consolidation phase, ONDS has completed a massive Cup and Handle pattern. This setup offers a highly asymmetric risk/reward opportunity.
Here is the professional breakdown of why this stock is primed for a major trend reversal.
1. The Technical Thesis: "The Perfect Storm"
2. The Fundamental Catalyst
Technical breakouts rarely happen in a vacuum. The market is pricing in a major shift in ONDS's business cycle – moving from R&D to commercialization. With the growing demand for autonomous drone solutions in defense and critical infrastructure, the market is realizing that this asset is significantly undervalued relative to its growth potential.
🎯 Trade Setup & Targets
💡 Conclusion
The charts don't lie. We have Price Action + Volume + Fundamentals all aligning at the same time. This is a high-probability setup for a substantial move upward.
________________________________________
Disclaimer: This idea is for educational purposes only and does not constitute financial advice. Always manage your risk.
We are looking at a textbook technical setup on the weekly timeframe. After a multi-year consolidation phase, ONDS has completed a massive Cup and Handle pattern. This setup offers a highly asymmetric risk/reward opportunity.
Here is the professional breakdown of why this stock is primed for a major trend reversal.
1. The Technical Thesis: "The Perfect Storm"
- The Structure: The stock has spent over 24 months carving out a massive base ("The Cup"). The recent pullback was the "Handle" – a classic shakeout of weak hands before the real move.
- Volume Confirmation 📊: This is the most bullish signal. The breakout is supported by massive volume bars, indicating that institutions and "Smart Money" are accumulating shares aggressively. Price confirms, but volume validates.
- Trendline Support: The stock is respecting a pristine ascending trendline (Yellow Line on chart). As long as price holds above this dynamic support, the bullish trend is intact.
2. The Fundamental Catalyst
Technical breakouts rarely happen in a vacuum. The market is pricing in a major shift in ONDS's business cycle – moving from R&D to commercialization. With the growing demand for autonomous drone solutions in defense and critical infrastructure, the market is realizing that this asset is significantly undervalued relative to its growth potential.
🎯 Trade Setup & Targets
- Trigger: The breakout above the $9.00 psychological level is our confirmation.
- Target 1 (Conservative):$13.00 (Testing historical supply zones).
- Target 2 (Pattern Projection):$18.00 - $20.00 (Measured move based on the depth of the Cup).
- Stop Loss (Invalidation): A weekly close below the ascending trendline (approx $7.50) would invalidate the bullish thesis.
💡 Conclusion
The charts don't lie. We have Price Action + Volume + Fundamentals all aligning at the same time. This is a high-probability setup for a substantial move upward.
________________________________________
Disclaimer: This idea is for educational purposes only and does not constitute financial advice. Always manage your risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.