Leonardo DRS (DRS) – Post-Earnings Accumulation Setup📈 After a positive earnings surprise (+7.30% EPS, +0.19% revenue), DRS is consolidating in a tight range around VWAP equilibrium.
🔎 Structure & Setup
Clear breakout & acceptance structure from prior swing.
Demand building just above VWAP central and key earnings reference.
Accumulation pattern visible within horizontal range.
🎯 Scenarios
Primary Bias (Long): Continuation towards upper VWAP bands if breakout confirms with volume.
Invalidation: Breakdown below the range low would invalidate the bullish scenario.
🛠️ Monitoring
Watch for institutional footprints on volume expansion.
Earnings catalysts already absorbed; next move likely structural.
