RCAT Bounces Strong – $15 Holds, $18 Next?Red Cat Holdings IncBATS:RCATDEXWireNewsRCAT trades at ~$14.98 (up +0.84% intraday on 1H chart), building consistent upside after bottoming near $5.77 in early 2026. The stock rallied sharply from mid-2025 levels to a peak near $18.77 in late 2025 on drone/AI defense momentum, before a sharp pullback and subsequent recovery. Key observations: - Clear downtrend from Nov 2025–Feb 2026 reversed with a strong bounce off $5.77–$6 support. - Recent price action formed higher lows and broke above prior resistance near $13–$14 with solid volume. - Momentum bullish; holding firmly above the 50-period MA. Analytical buyer outlook: - Upside trigger: Break $15.95–$16 on volume — targets $18–$19 retest. - Support to defend: $14–$14.50 zone; break risks slide to $13–$13.50. - Drone/tech defense tailwinds remain supportive. Verdict: Correction over — bullish trend resuming. Buyers in control near $14.50–$15. Constructive setup if $16 clears; bias positive.