Rocket Watch 03 - 01Dec2024Watch out for this stock next week. Potential to explode.
Note: This is not a recommendation or investment advice, just a stock to watch. Do your own research.
PRZO trade ideas
PRZO - Drone Safety System - Showcase ParaZero Technologies Ltd is an aerospace company that is focused on drone safety systems and engaged in the business of designing, developing, and providing autonomous parachute safety systems for commercial drones, also known as unmanned aerial systems. The ParaZero SafeAir system of the comapany applies real-time data analytics to identify and mitigate flight risks autonomously and increase safety for bystanders while protecting the loss of expensive drones, equipment, and payloads.
Tel Aviv, Israel, April 02, 2024 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (NASDAQ:PRZO) ("ParaZero"), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, announces its participation in Xponential 2024, the premier conference and exhibition for unmanned systems and robotics. The event is scheduled to take place from April 22 – 25, 2024 in San Diego, USA.
Xponential 2024 is renowned for bringing together industry leaders, innovators, and enthusiasts to explore the latest advancements in unmanned systems technology. This year, ParaZero will join the esteemed lineup of exhibitors to showcase its cutting-edge drone safety solutions designed to mitigate risks and enhance operational efficiency.
At the ParaZero booth #4701, attendees will have the opportunity to engage with the company's team of experts and explore firsthand the innovative features of ParaZero's SafeAir™ technology. SafeAir™ is a comprehensive safety solution that integrates parachute systems and real-time data analytics to ensure safe and compliant drone operations in various environments.
Disclaimer: This is not financial advice.
Market Data as of April 12, 2024:
Shares Float: 7.57 million
Relative Volume: 12.52
Market Outlook:
The current market sentiment is bullish. However, a market correction could potentially undermine this trading strategy.
Key Levels to Watch:
Resistance Levels: 1.4, 1.8. Breaking above these levels may indicate potential for further upward movement. Consider taking partial profits at these points to secure gains.
Stop Loss: Set below 0.95 to manage risks.
Target Price: Approximately 2.4.
Additional Information:
For more detailed information, refer to the associated trading chart. Monitor market conditions closely and adjust your strategies as needed.
Reminder: Trade carefully and make informed decisions.
PRZO showing some Alpha candles from two days agoPrice action is there and the vol. is coming in. Possible 1.60 range. Currently @ 0.90
