Red Cat Holdings, Inc. (RCAT) Expands Drone Technology

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Red Cat Holdings, Inc. (RCAT) provides drone products, technologies, and software solutions for defense, military, and commercial markets. Through its subsidiaries, the company develops drones and systems designed for tactical surveillance, training, and situational awareness. Red Cat’s growth is fueled by rising defense spending, increasing adoption of unmanned aerial systems, and demand for advanced technology in both government and commercial applications.

On the chart, a confirmation bar with rising volume highlights bullish momentum. The price has entered the momentum zone after moving above the .236 Fibonacci level. A trailing stop can be placed just below this Fibonacci line using the Fibonacci snap tool, helping traders secure profits while leaving room for more upside.

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