DRS on WatchLooking for a breakout and retest above $45.50 Why: Stock has been consolidating and failed to close above $45.50 numerous times. Would be careful with this one given the high volume red days. I would not enter if there is not a clean high volume break above $45.50Longby PennantTrading1
Right place at the Right timeDRS Leonardo, technical pattern looking pretty. DRS is a defense contractor. With the global war business only expanding DRS is well positioned. All the equipment they manufacture aligns perfectly with the new type of warfare. Longby jthompsonasheville4
DRSWeapons are in need, Wave3 shall unfold up. Looks like at the moment Wave2 is is progress.Longby bt-800
DRSCorrection(ABC) of Wave1 in progress, Wave3 coming after correction completed. Wave1 up on good volume.Longby bt-800
DRS ( prior to merger with Leonardo - RADA ) true P/E ratio ?Company is still traded at pre-merge 112 P/E ratio, yet, completely different financial and income structure. Few following reporting cycles might show gap in valuation and probable target price of $40. Longby AleksandrTeplitskiy0