Done Maker AeroVironment Nearing Major Support Buy Target

 | Mar 08, 2018 12:17AM ET

Shares of AeroVironment Inc (NASDAQ:AVAV) collapsed sharply after reporting poor quarterly results. The drone maker surprised Wall Street with a quarterly loss and fell nearly 17% by early afternoon on Wednesday. Chart technical analysts are scoping out the major gap fill at $39.40 as accumulation buy level. Note the chart below.