RCAT is a niche player in drone technology. Rumor is that James Rickards is embarking on a broad Paradigm Press promotion highlighting RCAT. He charges a lot of money to deep-pocketed subscribers to get these picks, so it could move the stock, if true, RCAT 240 Minute (Monday Close) Three up blue arrows: First = Breakout above trendline resistance, Second and Third = Re-tests of trendline support ahead of price spike upwards. RCAT 2-Day (Tuesday post Open) Bigger picture - Intermediate Term Trend Since spotting this chart pattern yesterday, as well as getting the Rickards promotion (I didn't pay to unlock the stock he was pumping, but fed his promotion through ChatGPT to get AI's take on it, which is how I even pulled RCAT up on my charts). This is an example of Confirmatory Analysis, a fundamental kicker (drones + Rickards) to an already stellar chart pattern. Bottom Line: Unusually bullish options activity, especially in Sep and Oct OTM calls, compels me to send this out to my PRO group. Speculative option pick below. RCAT Oct $15C 500 contracts first hour of trading Tuesday; 20,000 Open Interest - Who knows what? Any OTM call on table suffices, speculative monies only. Risk 50%.
