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RCAT Break Out
Red Cat Holdings, Inc.
Long
RCAT Break Out
By Master_of_Fine_Charts
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Jul 27, 2022
2
Jul 27, 2022
Most recent candle broke outside of the wedge with relatively high volume and closed above the 200 MA for the first time since March.
Price also closed above the .78 fib level. The ADX is displaying a strong trend and DI+ rising is bullish.
Targets: 2.45, 2.60, 2.92 (possible resistance)
Technical Indicators
Trend Analysis
Master_of_Fine_Charts
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