AVT long at the supportAvnet has been increasing for some time.
Entering the long position at the upsloping support may be a good idea.
Stop loss is under the upsloping line.
Target: 50,27 -50,93$
Good luck!
AVT trade ideas
AVT Parallel Rejections Leading to ContinuationAs long the main trend line is (relatively) intact, bullish continuation should be the result
AVT at extreme resistance on the monthly chart!longs need to trade with extreme caution here, we have not broken resistance for 8 years now.. chances are this zone will continue to act as resistance.
targeting 36.13-30.52-25.12 from here
$AVT long firmly above avwapLooking to go long once it pops out of this consolidation
Price firmly above avwap.
Bearish on AVT we are going to $33AVT bulls looking weak! Buy Calls look great for this one
NASDAQ:AVT
Avnet - Will jump from its low The electronic distribution market is growing and there is no need to panic when demand will surge.
Avnet broke out and is ready for another leg upNASDAQ:AVT broke out and ready for another leg up. Anticipated price action is shown on the chart, stop at 35$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
AVNET Title DailyHey my friends, AVNET is in a bullish push with a large volume of buying traded and a lot of buyers. The TIMEFRAME M1 makes us notice an upside down hammer candle with a large purchase volume emitted it is leaving for testing. Then break the VWAP and come to the last low point and do a strong reversal of the propability of breaking the price out afterwards the VWAP. It goes to the top of the comfort zone to test it and then the breakout enters the next zone and goes to the previous one above (View on the MULTI TIMEFRAME H4 and H1). Who just arrives on the highest but (on the TIMEFRAME D1) it is before we may have to do a TREND-BASED FIBONACCI EXTENSION test. But he can not break for lack of strength.
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AVT - A electronic distributor - Swing LongWhat I see...
+ Bullish engulfing on very high vol.
+ MACD found support from signal line
+ RSI bouncing off of 50
+10MA has just recently crossed above 50MA
+ Prices found support from the upward trend line
- Prices bounced off the 10MA
- Similarly, upper shadows throughout!
What I setup...
Long entry at mid-$29 when price breaks above the trend line
Stop at last week low
Target at $34
Avnet uptrend retreat - Hammer @50smaAVT has been in a consolidation pattern since July 10th, with a bull technicals behind.
Last candle today is a hammer. Showing buyer strength when price fell to $43.6.
Technical data
Price just below SMA(50)
Price just above SMA(200)
RSI @56 trending higher
OBV confirming trending higher
Directional move index turned positive
If we can continue above the SMA(50); that would confirm the trend.
** I recommend not buying until we see Monday sentiment after Trump's meeting with Xi.
Happy trading!
dorfmanmaster
Good breakdown candidate!!NASDAQ:AVT Trigger: $66.00 after a pullback. Stop loss at 65.40.
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Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
AVT could break down big time!!!NASDAQ:AVT This stock just broke below a major support. if it goes up in the morning to test yesterday's broken support as a new resistance area and fails, then short below yesterday's low (40.49). if it goes straight down without bouncing first, then stay away from it.
Please like and comment if you like my ideas. THANK YOU!!!
Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
