Mar. 28 at 9:45 PM
$ONDS getting a Strong Buy upgrade while the stock fades 6.78% to
$8.80 — classic wall of worry or legit warning? 👀
The bull case is real: revenue guidance reset to
$375M+ signals a full platform pivot from drone niche to defense. That's a massive inflection. But price is sitting 14-17% below both the 20 & 50 SMA, RSI at 38.75 — still in the hurt locker.
Silver lining:
$8.80 is well above the SMA 200 at
$7.24. That's your floor to watch. Reclaiming
$10.26 (SMA 20) is the first sign bulls are back in control.
#ONDS #DefenseStocks #DroneStocks