DPRO trade ideas
Bullish on DronesThe USA has banned the use of all Russian and Chinese drowns. This is the wait that we have all endured now. With stocks like Dragonfly and drone Delivery Canada... its a perfect opportunity to generate revenue and have a stronger position in the markets in North America. I expect this stock will reach and brake $1 by mid March beginning of April. This is just my feeling and prediction.
Slumping Pump n Dump for DPRORepeating patterns turn up in DPRO's chart. The analog takes us to a waterfall event first week of June. Let's see how it goes...
DPRO - Strong BreakoutDPRO has broken out of a down channel very strongly
This is a good sign for the bulls
I expect price to break down to the horizontal green line and then continue upwards, allowing the breakdown of the broadening ascending wedge structure
This breakdown will be short lived and price should continue upwards as the trend has reversed
1D BOT momentum setup DPRO1D BOT momentum setup DPRO: Initial move up of higher timeframe bullish market structure establishes a potential bullish ab=cd harmonic price pattern:
DPRO broke consolidation with supporting volumeIt was going sideways for almost two months, and now breaking it with supporting volume. Stop is around 1.15. Upside is around 2.34 which makes the trade 1:3 risk / reward
DPRO Short-term Chart AnalysisBreakout of the bearish trendline from today will give us another upside push! Hope this helps!
DRAGANFLY (DFLY, DFLYF, 3U8) BOUNCE UPDRAGANFLY has been going down for the last months, more than 50% downghll. The growth was over-extended. In my opinion, it is now looking for a confort zone that will take the stock to de 200MA. This will also be supported by previous support levels and perfect fundamentals. This will happen, in my opinion, around the 29th of April. Have a nice day!
