demyanchuk
Long

AVON tech basis for recovering growth

NYSE:AVP   AVON PRODUCTS INC
Signals:
double bottom
pennant-triangle

Buy 5.72-5.75 (breakout of pennant's top line)
Stop-loss 5.30 (-1 tic under local wave)
Target 7.50 (sizing)
R/R ratio 1:4
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