This is an update to my precious idea UAVS has several indicators pointing towards confirmation that bearish momentum has reversed, and a new uptrend may be starting. Momentum – During the previous downtrend we see the RSI (10 close) hit oversold and find resistance at the mid-line. We now see RSI hit overbought while finding support at the mid-line. Trend –...
$UAVS resting after back to back gap up days. Liking this one moving forward. Still holding.
UAVS is way oversold IMO. I have bought in and sold UAVS for profits a few times now. The first time I bought in was in the low 6's. If I liked it at 6...waiting for funds to settle, I may add a full position to UAVS again tomorrow. I am already holding a (losing) 1/4 position on it now. But I think it's time to go all in again. Will see tomorrow.
Possible target at 50$ in Jul, we will see the end of the fall (near 6$)
Please take a look at $UAVS That was by far the most perfect Elliot Wave I've seen ( Yellow Numbers) - All waves corresponded perfectly to the rules, wave 3 is 1.618 of wave 1 just sooo good. and wave 5 is 0.618 of wave 1+3 such a perfect landing... Now what we observe is a massive correction, which is counted as Elliot wave ( maybe zig-zag?) There are levels...
Taking a Position in this one come Monday via the options Looking at where price is and it's flirting with the previous high Green arrows indicate the less aggressive move which also happens to be my thoughts for my first position buying ,ATM calls. On the flip side a more aggressive move denoted by the red arrows is also possible which I will also add to my...
Price seems to be trading in a descending channel. The 12EMA and 50EMA crossed at the top of the trading range (also accompanied by a short seller report) which sent the SP into a downtrend. We now see a few indicators pointing to a potential reversal: Bullish Doji candle on the daily chart High volume test and immediate bounce off upper support area...
As most of us all probably know at some level, uninformed investing can be no different than gambling. Sure, in a bull market, you will see many people making money while knowing little about the company for which they invest, but most sensible people, even in light of all this Q/E infinity, will generally find it uncomfortable to invest large sums of their...
My riskiest portfolio pick. Slow and steady buying and will be accumulating each dip today forward! Gl to all!
I am long from $8.95. This a great set up where we have completed 5 obvious waves up with a ABC correction into the 0.618 fib level, structure area and the bottom of wave 4. Also, we have formed a morning star with todays gap up. Also, not pictured I have counted the waves down into Wave C, which finished at the projected level. Stocks should also rebound at least...
A nice run on UAVS and then a free fall after a short-seller report. As you can guess, it recovered almost immediately after a response. Should you buy in the dip? Well, it depends. We had a strong bullish accumulation around 10.18 and then around 8. Panic sell broke 10 support area, yet at 8, we had stronger support plus 200ma support and it immediately bounced...
Short seller report pushed $UAVS out of the trend channel. As management responds the next day, stock shows great sign of recovery, but has the 21EMA as the new resistance now. If general market remains green next week, this stock will be back testing $15 in 1-2 weeks. Swing trade: Enter in the $10-11 range. Profit target $15 SL: $8.65 Long-term hold: Enter...
UAVS was a victim of a short seller's hit piece and followed by attorneys jumping in. This is a text book shake out. The price respected the 50 SMA and closed just under the .23 fibonacci level to form and "inside bar" which is very bullish. Also the current price is below the POC line (DEC 1) which may cause shareholders to average down. Ive seen this kind of...
UAVS is a long hold for me. We were in a uptrend but with the short seller report we broke the uptrend channel. I am not at all worried as i see this as a good buying opportunity. This is the only American drone company which i am bullish on because of Biden signing that legislation of buying only American made products. We seem to have used the 50 sma line as...