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Jake Wujastyk, founder / CEO at TrendSpider, comments on significant selling activity in ONDS during the past week. He notes that the market sentiment was unusual, and that his son was able to achieve an average purchase price of $6.75 amid the volatility.
Earlier this year, Wujastyk suggested that drones are a key trend and noted ongoing interest in ONDS stock, seeking a larger position at a lower price in a previous commentary. He has also commented on technical signals in other equities, such as highlighting an inverse head and shoulders pattern and a MACD cross on MSFT’s daily chart in a separate analysis. These remarks provide additional context to his recent assessment of volatility in ONDS.