Ondas Inc
Long

$ONDS Dead Cat Bounce

374
I'm bullish long term on this stock, but planning to trade this DCB in the short term. I loaded up shares with a cost avg of $8.90 and I'm planning to take profits around $10.50. There was a similar pullback last year where the stock fell over 40%, bounced hard +30%, then faded to make the total pullback almost -60%. Looking for a similar move here where I can take profits on these shares, then reload for a long term position if we can get back into the $7 channel.

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.