current price action is slightly higher than the previous breakoAs the drone industry progresses there should be a shift in demand for remote controlled drone operations. With the use cases being available for customers in rail, energy, public safety, critical infrastructure, and government markets with mission-critical networks, autonomous drones, counter-drone solutions, and artificial intelligence capabilities.
Trading above its last breakout price of 1.5usd price is sitting at a peculiar price action, current weekly bearish candle bars are weakening and getting smaller it will be interesting to see the price reaction above or near 1.5USD and between 2.0usd which has been the price of interest for said ticker ONDS.
some scenarios to consider anytime into 2025, partnership, future funding can greatly appreciate the current value surrounding this stock the contracts made with the govt aspect, the advance of technology within the space.
With similar stocks such as KRATOS benefitting from Trump inauguration into office should allow ONDS to realize some of the market share within the space.
To be continued..
