AVAV breaking almost 8 years hights which is on 42 USD after great earnings. When it has had loss only 19c (vs. loss of 34 c) and better then expected revenue of 43,8 mil. USD (vs. 42,44 mil.)
Drone maker AeroVironment (AVAV) has been forming a cup shaped base over the last four months. Volume dried up as the stock sold off and formed the bottom of the cup, and soared as the stock worked up the right side. The stock is attempting to form a handle in light volume. Overall volume is thin, which makes for volatile trade. I would not be surprised if the...
These Bear Flags easily trap retailers in these low volume flags just before Bears attack again. Let's see if this flag cracks tomorrow, could spill a lot of blood as it could attempt to fill that gap from March.
