$ONDS Analysis — 0.786 Fib Test, 200 DMA Support, Wave 5 Target +119%
Stocks · · 1 min read · x.com ↗
$ONDS Analysis — 0.786 Fib Test, 200 DMA Support, Wave 5 Target +119%
Echo Analysis technical update on $ONDS:
- Price testing the 0.786 Fibonacci retracement level, showing support
- Author happy buying here with the 200-day moving average (200 DMA) just below
- Wave 5 target: +119% upside potential
Context: This follows a previous May 5 post where $ONDS was retesting the 0.618 Fib level with a bullish confirmation line and Wave 5 target of +89%. The setup has progressed — price has moved higher and is now testing deeper Fib levels with an even more aggressive target.
Source: X post by @echoanalysis Captured: 2026-05-11T17:28:27Z