AeroVironment Supportline

AeroVironment Supportline

AeroVironment Inc ($AVAV) has been above MA200 on daily timefram since the beginning of 2017.
The price has gained more than 100% just during 2017 and nothing indicate that the trend is stopping.

We might soon see the price test Supportline around pricearea 49.50 – 50.00.
The price is acting just like June, Juli and August. During these months we saw a consolidation area just before the prise went up, just like now.
The MACD and MACD Signal line is identical like last time and so are the pattern.
So if the price do a successful supportline test then I will go long because of the AeroVironment Supportline retest.

AeroVironment Supportline

AeroVironment Supportline