Hi moiramc, have to be honest I'm having some difficulty...

Hi moiramc, have to be honest I'm having some difficulty charting AVB atm, its a tough one but you don't need to be Einstein to work out the sp needs to get above that descending trendline. Good news is if it is successful from there there is not a lot of resistance (after .205c).

I had mentioned that I liked it at the beginning of last week (on the DT thread) but it didn't play out as planned. As also mentioned I like how the spread is nicely stacked as it allows you to get out for entry price if trade goes wrong. You have to be taken from the que rather that chase for this to happen though. I also like the fact the stock has tested 61.8% FIB retrace from recent highs. Maybe ask Pete for some FIB extension targets? They are not my forte (yet) :))

AVB daily (18 months)