Keep an eye out for $RADA Broke out of a 14 month base and been sitting right on top of it while the market in a downtrend selling wave. This behavior points to Market Leader DNA
#RADA Electronic Industries Ltd., a defense #technology company, #develops, manufactures, markets, and sells #defense electronics to various air #forces and companies worldwide. It offers digital video/audio/data recorders; high definition digital video/audio/data recording for fighter and trainer #aircraft; a range of head-up-displays color video cameras for...
$RADA in aerospace and defense industry, the leading ig now. they offer defense tech, and sells electronics to air forces and companies worldwide wkly acton is a HTF spanning 2 yrs. broke out of VWAP from 52-weeks high yday with +250% ATR and +400% avg vol. key pivot at $13.50
Same for $RADA - Nice 5 month base with price sitting at an pivotal technical level. Earnings Monday before the open. OBV lacking price action due to multiple higher than average selling days within the base.
Strong performance on last day going into 3-day weekend. Buy into strength Mon.
Opening the first position of #RADA second test of weakly #Chanel without volume to sale. Value of first #investment - 1000 shares / 12.48$. Trade without stop-loss, the next buying after 14.5$ or selling below 11.5$ depends of the situation.
market very volatile. risky play
Entry price : 9.26 Fundamentals : - Sector: Aerospace - EPS % Chg (Last Qtr): 350% - EPS % Chg (Previous Qtr): 300% - 3 Year EPS Growth Rate: 0% - EPS Est % Chg (Current Yr): 0% - Sales % Chg (Last Qtr): 81% - Sales % Chg (Previous Qtr): 75% - 3-Year Sales Growth Rate: 40% - Annual Pre -Tax Margin: -5.0%
Rada Electronic Industries Ltd. Operates as a defense technology company. It develops, manufactures and sells defense electronics, including avionics solutions (including avionics for unmanned aerial vehicles and airborne inertial navigation systems), airborne data/video recording and management systems and tactical land-based radars for defense forces and for...
Great breakout and uptrend pattern! !!!!!!!!!!!!!!BACK FROM VACATION!!!!!!!!
RADA looks to be forming cup and handle pattern on daily chart. Looks to have already completed 1st and second wave in uptrend (2 of 5), which also filled a previous gap. This stock seems to be flying under the radar ; ) Please Like and Follow so I can continue finding trade setups. Thank you in advance =) Check me out on Instagram or Twitter ...
As we can see, the channel is broken, and the heavy resistance as well (look up the weekly chart for a bigger timeframe!). I believe we have a good chance for this stock to go up and even with an SL around 1.85 and TP at round 2.86 there is a risk/reward close to 1:2 So at best, wait for the pullback, to make sure its not a false breakout. I already went in on...
RADA seems at the end of a corrective phase. If the lower channel holds i'm expecting a strong wave up with a potential gain above 80%. A strong breakdown of the lower channel invalidates this setup.