**RCAT** Red Cat stock watch, attempting to rally off the 8.87 triple+ support area.
Long Trade
* Target 1: 11.7 Profit: 26.1% Stop/Trailing Stop: 8.73
* Loss: 5.9% P/L ratio: 4.4 : 1 - Excellent
* Target 2: 12.53 Profit: 35% P/L ratio: 5.9 : 1 - Excellent Extreme rally
BULLISH
* \[Positioning\] at support
* \[Timing\] Strong bullish 3 day candlestick pattern.
BEARISH
* \[Positioning\] Intermediate trend possibly bearish, Sideways trend near upper resistance.
[RCAT Red Cat stock chart](https://preview.redd.it/mvbv3gtpl0mh1.png?width=1186&format=png&auto=webp&s=5ccc6e22909af17c03b0d013d455b4135f63c3fd)