ResponsibleCell1606 04/02
$BTBD Merger Play in the WorksA few days back I mentioned a merger play based on some unusual price movement and chart analysis. After that, the price jumped from around $1.85 to $2.32 the next day, then dropped a bit before settling into a new base around $1.50, about 30% higher than the $1.30 bottom a few days earlier.
Looking at the 10 Dat, 15Min chart over several days, there are several higher highs and higher lows. I've added a target around $2.05. We had a solid run, but the merger story is still strong. This setup looks more solid and deliberate than before, with a nice, strong upward trend. It looks like another push for a new high is forming, and even if it doesn't make it, it might still reach the $2.30 level.
I need to check the charts again to see what's new, but here's a quick summary of what's going on:
$BTBD is a small cap company turning toward drone tech. They're expecting news about a merger with Aero Velocity, a company offering AI-powered drones. The combined company will focus on AI drones and service drones.
Market cap is between $7M and $9M with a public float just over 3M.
The merger seems fair. The new company will keep the Aero Velocity name, so there could be a ticker change later.
A merger update is expected soon. Other possible catalysts include infrastructure or government contracts and news about expansion plans.
So right now, we have a low float stock that's getting more active in a hot sector, showing a strong upward trend over several days. I think this could be stage 2 of a bigger move, and it seems likely that another push for a new high is underway.
I'll check the charts again soon, but for now, check this out and if you see the setup, keep an eye on it.MMM--
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cautious_cowbell 04/02
Drone tech? Please. This is just a pump-and-pray for clowns. The only velocity is the exit strategy.
pellosanto 04/02
BTBD’s "upward trend" is a witch hunt. The only thing trending is the short interest. Stay clear, or get rekt.
Patarokun 04/02
Aero Velocity? More like *Velocity to Bankruptcy*. Merger or no, this ticker’s getting a one-way ticket to Z-Street.
ResponsibleCell1606 04/02
$SPY $QQQ $DJT $DIA Listening to this guy is a death sentence. He’s kept peace going for three times now, each time making it last longer—48 hours to 5 days to 10 days. We’re stuck for at least 2-3 weeks because of his nonsense. He claims Iran and its people are like the Stone Age, yet he can’t even breathe during a 20-minute speech. The war’s effects haven’t fully hit the US yet, and we’re still in for it. A complete idiot, a drug addict.DJT--
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ResponsibleCell1606 04/01
$NVDA not much Nasdaq down a bitNDAQ--NVDA--
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tnts_daddy 04/01
Nasdaq down a "bit"? More like a nosedive for clowns who thought 2023 was 1999. Margin calls or massage chairs? Your call.
According_Crab8170 04/01
NVDA's a toilet paper roll now—everyone's hoarding but it's just a bunch of crap. Sell the hype, buy the dip? More like sell the dumb money's delusions. 💩
cripplediguana 04/01
Holding NVDA through the rollercoaster? I'm riding a gamma squeeze bike—hedged with puts, let the volatility pay the rent.
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