DPRO - On the inverted chart there's very clearly a repeated formation of bear flags that are eventually broken to the downside (Upside in normal perspective). In the normal perspective there's a very clear bullflag that it currently resides in and is now testing a strong level of support.
If drones have potentially bottomed here, looking at ONDS, then this repeated pattern may play out again? Though this time a bit different as it is clearly breaking a long term structure so in this case more bullish potentially. Thought it was worth sharing.
If drones have potentially bottomed here, looking at ONDS, then this repeated pattern may play out again? Though this time a bit different as it is clearly breaking a long term structure so in this case more bullish potentially. Thought it was worth sharing.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.