AVN

This has gapped up over the 265 level today and has just filled that gap. Yesterday's closing chart:



dl.dropboxusercontent.com/u/20815047/FTS...AVNdaily03_03_14.png

I'm long with a stop below yesterday's low of 245p.

Another one to watch in the coming sessions - Avanti Communications:



dl.dropboxusercontent.com/u/20815047/FTS...AVNdaily05_01_14.png

Two ways to play this: either buy at the trendline which is at 232p on Monday with a stop below the recent swing low at 227p, or buy the breakout from 265p to target the trading range target at the 324p resistance.

The latter is the safer option as it's always possible that the trendline will break (hence the tight stop).