Aug. 15 at 4:17 AM
$CDRE | Cadre Holdings | Industrials 🛡️
$CDRE macro trend reversal underway as buyers defend the
$25.50 structural demand floor! 🔻 Clean multi-month falling wedge breakout expanding through primary moving averages 📊 Cadre Holdings
$CDRE defense technology leader coiling for its next macro breakout leg 🛡️
$35.20 resistance line is the main trigger.
Technicals: Weekly bullish reversal setup building directly above high-volume profile support. Holding
$31.50 keeps momentum locked for an upside squeeze toward upper supply zones.
🐂 Reclaiming
$35.20 =
$40.00 then
$48.00 in play. High-quality defense leaders coiling at baseline support can squeeze aggressively once volume surges 🚀
🐻 Losing
$30.15 =
$28.00 then
$25.50 retest next. Broad industrial and defense sector volatility carries downside risk if volume dries up at support 📉
⚠️ Falling Wedge Breakout. Volume Node Support.
$35.20 is the line 🎯
Stop Loss:
$30.50 🛑
OVERALL: 🐂 BULLISH 🐂
#hovdid
