I swore I was done trading drone stocks...
...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).