AVEX

AVEX remains in a confirmed Stage 4 decline, evidenced by a decisive Support Failure and persistent lower highs and lower lows. Price is trading below declining 9/21/50 EMAs, which are acting as supply zones, and recent rallies into those EMAs have been rejected. Short-term conditions favor selling now in line with the medium-term bearish bias. Execution should target rallies into the EMA resistance area rather than current lows, as any bounce is likely to fail.

• ↑Delivered $12.3M wildfire detection aircraft to Oregon forestry
• ↑Analyst revisions score near 1.0 shows optimistic earnings outlook
• ↓Public offering triggered ~11% dilution and share price drop