DRO - Chart and TA., page-1604

I suspect the imminent attack from Iran and Hezbollah will also drive an uptick, as it appears they plan to use a large number of drones in their assault.

Retail investors will buy into this, but it’s the substantial contracts that will attract the big money to support a sustained forward momentum.Keep in mind, the last time DRO reached $1, it surged to $2.70 largely due to high expectations of sales (which never eventuated).

That now is ancient history. The stock rose, it fell, and now we are back to $1. The silver lining is that H2 is their strongest season for sales.

A similar scenario could happen again, but this time, I believe mere hype could push it to $1.30 -$1.40. Anything beyond that will require significant material announcements or macroeconomic factors that benefit the drone sector.

In short, small buy orders of 5-10k shares won’t be enough, which means DRO needs orders of 50k+ shares to support and drive the share price higher. Similar to how these large buy orders over the last 2 days have stopped it from dropping below 95c.