Short Trade Idea: AVAV (NASDAQ: AVAV)

124
🧠📅 Timeframe: 30-Minute
📉 Type: Short Position
📐 Setup: Bearish channel breakdown + retest rejection

📍 Trade Details:
Entry: $246.24 (breakdown + retest of falling wedge)

Stop Loss: ~$253.29 (above recent resistance)

Target 1: $236.58 (previous support / minor zone)

Target 2: $230.00 (horizontal support)

Target 3: $224.85 (major green zone / measured move)

🔎 Technical Breakdown:
Price rejected upper wedge resistance after a failed attempt to recover

Bearish momentum building after lower highs and consistent selling pressure

Clean structure with declining volume during bounce — bearish signal

Retest rejection makes it ideal for continuation downside play

🎯 Risk/Reward Outlook:
Tight stop (~$7) with downside potential of ~$20

RR Ratio: 2.5 to 3:1

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