$UMAC on the radar... we buy next week!!!!
drone name. weekly chart speaks for itself.
ran from under 2 to 32 over 18 months. spent the last year building inside a rising trendline. broke out hard to 32 a few weeks back. now its pulling back to confluence support.
drone trade has been my next theme for months. already in $AVAV territory thinking. UMAC is the smaller, more aggressive way to play it. higher beta. higher risk. higher reward if the sector keeps moving.
waiting for the right entry.
ill alert when im in.