-Stock breaking out of a long-term falling wedge. -High volume on breakout along with high volume accumulation days within the pattern. -Triple point divergence on the RSI. -Triple point divergence on Stochastic. -Triple point divergence on MACD. -Stock respected a key resistance and formed a huge bullish pin bar just a few days ago. Maybe a shakeout. -If Avanti sustains above the trend line, it can see 2700-2900 levels in a few weeks IMO.
Not an investment advice. Do your own due diligence. Disclosure: Not invested, but will probably invest when the market opens.