AMEX:UAVS   AgEagle Aerial Systems, Inc.
UAVS was a victim of a short seller's hit piece and followed by attorneys jumping in. This is a text book shake out.

The price respected the 50 SMA and closed just under the .23 fibonacci level to form and "inside bar" which is very bullish. Also the current price is below the POC line (DEC 1) which may cause shareholders to average down. Ive seen this kind of manipulation before.

$12.97 target
$14.46 2nd target

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.