RedCat back beneath $10 and at the 50 Weekly Period MARed Cat Holdings, Inc.BATS:RCATFXTraderPaulRed Cat Holdings is a small speculative company dealing in unmanned aerial systems (Drones) for military and commercial use (so it appeals to me). Its very high-risk/ high-reward play. Their chart has been wild this year, and has involved great swings in both directions. Its a very speculative play. All traders and investors are hoping that they will be able to benefit from new US DoD drone-procurement initiatives. In the meantime the technical picture has seen price drop beneath $10 and touch the 50 Period Weekly MA - look at how it has responded on previous touches. They have earnings on Thursday after the close - will that be the catalyst for a bounce higher, or will poor news keep us beneath $10 and slice us through the 50?