BTC $64,284.00 ▲ 0.85% ETH $1,874.46 ▲ 0.41% USDT $0.9994 ▲ 0.02% BNB $593.30 ▲ 0.46% XRP $1.08 ▼ 0.44% SOL $74.16 ▲ 0.54% DOGE $0.0703 ▼ 0.14% SHIB $0.00000499 ▼ 0.54% PEPE $0.00000292 ▼ 0.74% BTC $64,284.00 ▲ 0.85% ETH $1,874.46 ▲ 0.41% USDT $0.9994 ▲ 0.02% BNB $593.30 ▲ 0.46% XRP $1.08 ▼ 0.44% SOL $74.16 ▲ 0.54% DOGE $0.0703 ▼ 0.14% SHIB $0.00000499 ▼ 0.54% PEPE $0.00000292 ▼ 0.74%
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Piyasa

I swore I was done trading drone stocks...

I swore I was done trading drone stocks...

Ondas Inc. BATS:ONDS

...but keep pulling me back in.

Let's make this one simple: Drones are outperforming, and my dashboard shows that strength is building in the theme still. We're seeing big breakout moves from the 50-day in AVAV and UMAC. We're also seeing strength in RCAT and AVEX.

ONDS is recovering the 50-day right now, having just broke out from a recent base. I haven't had a lot of success with drone stocks and ONDS is a repeat offender. But I'm back again and long from 8.90, <10% size, stop would be on the backtest to the breakout line (white).

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