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Analysis: #NYSE $UAVS

Case 417 #AgEagle Aerial Systems Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#UAVS 1/4
Chart 1
Daily Chart: Ever since April's kneejerk move, price remains contained in a triangle with falling #momentum. Price needs to close above #trendline resistance at 3.55 and then hold above 4.35 to target 5.57, further up .....

UAVS 2/4
pivot #resistance at 6.25. To the downside, price is currently holding above the SMA 20 at 2.94 with immediate #support below that at the #pivot 2.30, then the #confluence of the #SMA 50 and synthetic at 1.99. And below Apr.2020 support at 1.44.

UAVS 3/4
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