The Cat with Wings

Wait 5 sec.

The Cat with WingsRed Cat Holdings IncBATS:RCATbalinorA ticker we’ve seen before that has delivered excellent gains with previous setups. Interest is reigniting following rumors regarding support for U.S. drone manufacturers via Pentagon contracts. Last week, the price hit the bottom of the channel shown in the chart and is now gearing up for a potential rally (let's even call it a "devastating" doubling) toward the $20 mark, positioned once again at the top of the channel. This is a stock with insane volatility, easily swinging 10-15% daily, so it is not suitable for everyone. First target/resistance is in the $14 zone, indicated by the light blue line.