#RADA Electronic Industries Ltd., a defense #technology company, #develops, manufactures, markets, and sells #defense electronics to various air #forces and companies worldwide. It offers digital video/audio/data recorders; high definition digital video/audio/data recording for fighter and trainer #aircraft; a range of head-up-displays color video cameras for...
$RADA in aerospace and defense industry, the leading ig now. they offer defense tech, and sells electronics to air forces and companies worldwide wkly acton is a HTF spanning 2 yrs. broke out of VWAP from 52-weeks high yday with +250% ATR and +400% avg vol. key pivot at $13.50
Opening the first position of #RADA second test of weakly #Chanel without volume to sale. Value of first #investment - 1000 shares / 12.48$. Trade without stop-loss, the next buying after 14.5$ or selling below 11.5$ depends of the situation.
RADA seems at the end of a corrective phase. If the lower channel holds i'm expecting a strong wave up with a potential gain above 80%. A strong breakdown of the lower channel invalidates this setup.