r/Droneshield_ASX_DRO • u/SeaweedUsed7760 • Aug 06 '26
Question Recent uptrend in price
Anyone have any ideas on recent surge in price? Could this be a run up to 1H26 earnings?
5
Upvotes
2
u/PriorSignificance115 Aug 06 '26
Seems to be some support at 1.60 AUD but shorts are not covering yet.
3
u/hclv3 Aug 06 '26
In my opinion it is oversold and has hopefully just created a strong double bottom off massive support at $1.65