0A4B trade ideas
UAVSMID-TERM: Bouncing on news, double bottom at the PCZ of a bullish cypher, with MACD/RSI classic bullish divergence on 4hr/daily. (not financial advice)
UAVS Harmonic: Loading Zone for CD-LegThe daily chart seems to be showing strength here. Loading around here for a possible swing up. See the chart for potential price reversal zone.
Dead money. Descending triangle.Break below the black line and say goodbye to this overvalued stock.
$UAVS Target PTs 15-17 and higherPivoting off Support and up-trending towards Resistance
AgEagle Aerial Systems, Inc. designs, develops, produces, distributes, and supports unmanned aerial vehicles for the precision agriculture industry in the United States and internationally. It offers FarmLens, a subscription based cloud analytics service that processes data collected with a drone for use by farmers and agronomists; and HempOverview, a software-as-a-solution web- and map-based technology platform to support the operations of domestic industrial hemp programs for state and tribal nation departments of agriculture, growers, and processors. The company also offers fixed-wing drones, such as AgEagle Classic, RAPID System, RX-60, and RX-48; drone subcomponents; and ancillary drone support equipment. In addition, it provides technology solutions to the agriculture industry through delivery of best-in-class drones, sensors, and data analytics for hemp and other commercial crops. Further, the company provides turnkey, end-to-end, and tailored drone solutions to international clients. AgEagle Aerial Systems, Inc. was founded in 2010 and is headquartered in Wichita, Kansas.
$UAVS - I See AccumulationUAVS starting to get bought up. 17% short interest. This will pop. I still have my $10 target. Took a little detour last week, but it's back on track.
$UAVS AgEagle Aerial Systems, Inc. designs, develops, produces, distributes, and supports unmanned aerial vehicles for the precision agriculture industry in the United States and internationally. It offers FarmLens, a subscription based cloud analytics service that processes data collected with a drone for use by farmers and agronomists; and HempOverview, a software-as-a-solution web- and map-based technology platform to support the operations of domestic industrial hemp programs for state and tribal nation departments of agriculture, growers, and processors. The company also offers fixed-wing drones, such as AgEagle Classic, RAPID System, RX-60, and RX-48; drone subcomponents; and ancillary drone support equipment. In addition, it provides technology solutions to the agriculture industry through delivery of best-in-class drones, sensors, and data analytics for hemp and other commercial crops. Further, the company provides turnkey, end-to-end, and tailored drone solutions to international clients. AgEagle Aerial Systems, Inc. was founded in 2010 and is headquartered in Wichita, Kansas.
$UAVS - Testing breakoutI tweaked my lines a bit from yesterday, but it looks to me like it broke out of the wedge, and tested it successfully today. What do you guys think? I like this going to $10.
UAVS - Weekly ChartThis is starting to wedge nicely, and while it pulled back a lot recently, the weekly chart still looks good. Look for a breakout to the upside for an entry. I am already in.
UAVS it's time to enter a longOne low, and a second, higher confirmation low. looks like a bullish shark pattern. class B bullish div. on the macd and rsi...at a critical support level. it could be time sports fans
$UAVS AgEagle Aerial Systems, Inc. designs, develops, produces, distributes, and supports unmanned aerial vehicles for the precision agriculture industry in the United States and internationally. It offers FarmLens, a subscription based cloud analytics service that processes data collected with a drone for use by farmers and agronomists; HempOverview, a software-as-a-solution web- and map-based technology platform to support the operations of domestic industrial hemp programs for state and tribal nation departments of agriculture, growers, and processors; and ParkView, a proprietary aerial imagery and data analytics platform for assessing and supporting sustainability initiatives involving municipal, state, and federal public parks and recreation areas. The company was founded in 2010 and is headquartered in Wichita, Kansas.
Bullish spinning top & +12.5% PreMarket -- Rocket Emojis?Linking my previous analysis below. I said I would load up on a few more shares if this touches the $6 range with broader market pressure, and guess what, IT DID (pre market yesterday). The lowest I caught it was around $6.85
But, the stock has closed the day with a bullish spinning top candlestick. Coming from a week of pressure, this is a great sign of a possible trend reversal.
The stock is up touching $9 pre-market today (up nearly 12.5%), which is a better entry that my previous analysis suggested. As marked on the chart, it will need to break the $9.90- $10 resistance, which was a previous support and recent resistance for the stock. If we see the volume today, this is possible. RISK: The only main risk I see at this stage (considering this dip price) is if broader market pressure continues.
If you would like to see more on fundamentals behind this company, please check the previous analysis.
Good luck traders!
UPDATE - Reversal Confirmation? 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 – The 12EMA has crossed the 50EMA to the upside and SP is finding support at the 12EMA
Volume – SP is rejected at the neckline of IHS on high volume to then find support on low volume at left shoulder. After the rejection overall volume fades but SP holds and slightly rises.
Chart Pattern – SP has formed an inverse head and shoulders reversal pattern.
I appreciate any questions, critiques, or comments, thanks for looking!
This idea is for discussion purposes only and is not financial advise.
$UAVS - Forming Inside Day Candle$UAVS resting after back to back gap up days. Liking this one moving forward. Still holding.
$UAVS - If I liked it in the 6's...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.
$UAVS massive correction into wave 3? Please take a look at $UAVS
That was by far the most perfect Elliot Wave I've seen ( Yellow Numbers) - All waves corresponded perfectly to the rules, wave 3 is 1.618 of wave 1 just sooo good. and wave 5 is 0.618 of wave 1+3 such a perfect landing...
Now what we observe is a massive correction, which is counted as Elliot wave ( maybe zig-zag?)
There are levels of retracement 0.618 & 0.768 which are typical landing for corrective wave 2.
If the whole structure is 1 & 2 on the daily chart then wave 3 is expected to land at ~30$
Key Stats:
Revenue Change TTM +828.97%
Gross Margin TTM -189.68%
Price/Sales 179.61
Appeared to be overvalued, but does it matter for Innovative Company in 2021???
Comment below
Taking What the Market givesTaking 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 position at that level if the market decides to take it there.
Long - Reversal Starting?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 (along with a response to the short seller report)
Low volume test of lower support area on a major broad market pullback
Decrease in selling pressure in the support area
Bullish convergence of the SP and RSI indicating the momentum to the downside is possibly slowing
Watch for continued consolidation in support area, the 12EMA to start correcting, and a high volume break out of the channel to the upside for confirmation of the reversal. After a break to the upside price may fall back to the top of the channel or upper support area before continuing the uptrend.
Chart – 1HR, Candlesticks, Ext, Linear
Trend – 12EMA 50EMA
Momentum – RSI 14
Volume – MA Length 30
Let me know what you think, thanks for looking!
