Saad Ullah
⬤ Ondas Holdings Inc. shares have hit a rough patch after failing to push past the $15–$16 resistance zone. Sellers took control at those levels, triggering a pullback from recent highs. The weekly chart shows clear price rejection near the upper band, followed by a retreat that signals short-term exhaustion after what had been a solid run-up.
⬤ The weekly structure suggests this could be a pullback-and-reload scenario rather than a full trend reversal. After rallying hard into late 2025, price stalled around $16 and started drifting lower toward key support levels. The $11.50–$10.50 zone is where things get interesting—if buyers step in and hold that range, the stock could stabilize and set up for another move higher.
⬤ The risk is straightforward: a break below $10.50 would blow up the current pullback structure and open the door to deeper losses. While the broader trend still shows higher lows, momentum has clearly cooled as the stock runs into overhead supply. The weekly moving averages are flattening out, backing up the idea that we're seeing consolidation or retracement after the previous rally.
⬤ What happens around $11.50–$10.50 will likely determine whether ONDS can rebuild for another advance or if selling pressure continues. The next few weeks should clarify whether this pullback is just a breather within an uptrend or the start of something more serious.
Saad Ullah
