Wow what a great run we have had recently! Feeling quite grateful for this current uptrend and believe that there are a lot of fundamental/TA signs that point to a successful future for Droneshield.
As of the last couple of days we have been successful in completing the double bottom pattern after we closed above the $1.50 resistance point. This to me imo indicates to me that we are in the early stages confirmation of a long term uptrend. Our next and almost our last major resistance sits @$1.74. Before we hit that I wouldn't be surprised or even upset with a a re-test @$1.50 to establish a support zone to then continue further up to our next resistance. If we don't have a level of consolidation after this sp appreciation we risk going growing exponentially which would lead to a repeat of the last rise. If we are able to break and re-test past $1.74 then we are well and truly off to the races.
As previously stated I have been excited by the continual growth in the sector and awareness of the need for CUAS in modern times. Headwinds continue to get stronger and more and more governments/entities are realising just how much they need counter drone solutions. Oleg has a great long-term plan and people need to be patient as it turn in opportunity and hopefully future contracts.
Looking forward to future growth and opportunities for all!
LETS GO DRO!
All IMO. Not financial advice.
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