Why we like AVAV
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- Right group, turnaround name: it's a drone/defense play inside aerospace and defense, which is a broad market leader right now, so there's a strong-group tailwind under an early-recovery name.
- High-quality reversal spot: the bounce is happening right on the 200-week SMA (~167), exactly where a washed-out momentum name should try to bottom, not in no-man's-land.
Weekly turn signals confirm: lower low in price against a higher low in stochastic (bullish divergence) plus a MACD curling up to cross out of deeply oversold. Real reversal tells, not just a green candle. - Daily breakout with volume: high-volume thrust reclaiming the 50-day, and we got in near the 21 EMA, so the entry is under 1% from the 50-day. Strong move, non-extended entry, which is the whole point.
- Defined risk map: clear base to lean on (167), first targets into the 195-215 shelf, and a big supply wall at 224-276 to trim into. Reward-to-risk is real with a logical stop under the breakout / 21 EMA.
- The honest caveat: this is an early countertrend bounce, not a confirmed trend. Price is still below the 50-week and under the weekly cloud, the +29.5% week is catalyst-driven and volatile (7.25% ATR), so it's a manage-actively, trim-into-resistance swing until it reclaims the cloud. We like the setup and the entry, we respect that it still has to prove the turn
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Trade chiuso: obiettivo raggiunto
Sold partial on the pop higher, took rest out at breakeven. It wasn't to be. 
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.