UAVS: Bullish flagBullish Flag
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 7
250RSI above 50
200MA ascending
If confirmed:
PT = 12.08$
UAVS trade ideas
$UAVSAgeagle Aerial Systems Inc (NYSEAMERICAN:UAVS) showed some nice strength yesterday, despite the weak market. Price broke through resistance at $3.92 accompanied with high volume. The stock hit a high of $4.28, which is now resistance for Monday’s continuation move. If the stock can break through resistance, we should see another upside move.
$UAVS Ageagle Aerial Systems Inc1 Yr View
Auto Fibs
MA on 20
MACD looking towards bullish signs
So, looking at this and seeing $5.14 going long, why not pick up about 20 to 100 shares and see what happens?? anything can happen these days...
AMEX:UAVS
#AgeagleAerialSystemsInc
#TradeSafe
#InvestSmartWAAS
$UAVS is gonna to fall todayPupm&Dump trading strategy idea.
$UAVS is rising without clear preconditions today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $2,60;
stop-loss — $2,77.
take-prifit — $2,43/MOC price.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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UAVS LONG SET UP (AMAZON PARTNER)That same month, AgEagle said in an SEC filing that it would be relocating its headquarters and manufacturing operations to Wichita, too. The company has since done just that. It appears Amazon and AgEagle are working together on drone technology.
That announcement breathed life into the bull thesis that AgEagle is a potential major player in the drone economy. UAVS stock took off like a rocket ship. It hasn’t looked back since.
Shares are now up 500% year-to-date.
A little digging strongly suggests that this unnamed major e-commerce company is Amazon (NASDAQ:AMZN). A little more digging reveals that the follow-on PO could be the beginning of a significant, multi-year partnership between the two companies wherein AgEagle becomes a major Amazon drone supplier.
Of course, if that happens, the 2020 breakout in UAVS stock will turn into something much bigger over the next few years. After all, AgEagle features a market cap of just $150 million today. The drone delivery market projects to measure $29 billion by 2027.
But, if it doesn’t happen, there isn’t much else to hang your hat on here. Without an Amazon deal, UAVS stock will plunge back to penny stock territory.
So… will an Amazon deal materialize?
I think so.
Here’s why.
A Closer Look at UAVS Stock
AgEagle was founded in Kansas back in 2010 as an agriculture intelligence company.
The idea was pretty simple. Create durable and rugged drones with advanced sensors that fly around and capture granular aerial image data of crops and growing fields. Send those images back to an integrated software service to be analyzed. Produce a comprehensive crop report. Enable a new era of data-driven farming, wherein farmers increase yields and reduce costs.
Great business idea. But the addressable market was niche, and management didn’t execute very strongly in winning business.
So, new management came in, and the company pivoted.
Now, AgEagle is a drone company focused primarily on two end-markets: 1) leveraging its ag tech drone expertise to build delivery drones for logistics, and 2) leveraging its ag intelligence history to create a compliance software system for U.S. hemp cultivation.
All About Delivery
The latter business — hemp growing compliance software — won a big contract in November 2019 from the Florida Department of Agriculture and Consumer Service, which selected AgEagle to manage the online application submission and registration process for hemp growers in Florida in 2020, 2021 and 2022.
But that contract isn’t generating much revenue. Instead, all the revenue is coming from the delivery drone business.
Specifically, that business has now received two batches of POs from an unnamed major e-commerce company in late 2019 and early 2020. That unnamed e-commerce company accounted for 92% of sales in the first half of 2020. It is essentially the sole driving force behind AgEagle’s 175% revenue growth in 2019, and 516% revenue growth in the first half of 2020.
So, make no mistake, AgEagle has a lot of moving parts. Only one of those parts matters today. The drone delivery business.
More specifically, all that matters today for UAVS stock is if these drone delivery POs turning into something more.
The Amazon Rumors and UAVS Stock
A little digging reveals that the unnamed major e-commerce company AdEagle is working with is Amazon.
Around the same time that AgEagle reported the second batch of POs from its e-commerce partner, it was confirmed that Amazon will be building a 140,000 square foot warehouse in Wichita, a stone’s throw away from AgEagle’s Neodesha, Kan. headquarters. That same month, AgEagle said in an SEC filing that it would be relocating its headquarters and manufacturing operations to Wichita, too. The company has since done just that.
Further, also around the time of the POs announcement, a video was leaked online that began with an AgEagle x Amazon logo, implying a collaboration between the two companies. The video mostly involved AgEagle’s founder unloading an Amazon drone from its crate. It has since been removed.
AgEagle has also suddenly raised a bunch of capital over the past few months from institutional investors.
TITLE : UAVS BUY LIMIT ORDER
ASSETS : STOCK
SYMBOL : UAVS
ORDER TYPE : (EP1) MARKET ORDER (1/2) position size (partial low lot entry)
(EP2) BUY LIMIT ORDER (2/2) (Now enter rest of position)
TF : Daily
ENTRY PRICE 1: $2.10
ENTRY PRICE 2: $1.80
STOP LOSS : $1.10
TAKE PROFIT 1- $3.10
TAKE PROFIT 2- $3.80
TAKE PROFIT 3-$4.10
TAKE PROFIT 4-$4.80
STATUS : active
UAVS Earnings/August PredictionsUAVS has earnings on the 5th of August. Has a history of running before earnings and the day of. Lowest PT would be $3.90...Highest 5.15.Currently needs to hold above $2.70 resistance. Analyst prediction below.
Ageagle Aerial Systems Inc lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 103.37% during the next 3 months and, with 90% probability hold a price between $3.65 and $7.64 at the end of this period.
$UAVS Ageagle Aerial to $3.08 target AgEagle Aerial Systems, Inc. engages in the design, distribution and support of unmanned aerial vehicle data acquisition drones for precision agriculture industry. Its products include RX-48 and RX-60. The company was founded by Bret Chilcott in 2010 and is headquartered in Neodesha, KS.
UAVS 4H Chart Idea***Remember I'm not a professional analytic, this whole idea is based on my knowledge and opinion. ***
This is only my Idea, don't buy or sell because of my idea. Do your own research in the company before deciding either buy or sell at your own risk.
The stock right now looks very Bullish in this Chart. For me is a clear uptrend because the candles are trading above that SMA 200 and SMA 50. Also, if you see the EMA candles are above of it. The Ichimoku Cloud also is telling that right now the stock is in an uptrend. You can see also more green candles than the red ones, that means bulls are in full control. The company announced also they will expand the manufacturing facilities and they are opening more jobs. If this momentum keeps and they have a strong ER I believe this could go above $5.
I’m holding position right now and planning to keep it for the long run. Good luck to everybody and comments your opinion also, they are welcome. Thank you.
