I wait test of support line from gap. I think, line will be broken after 22$ price. Then target of stock 19.50$. But if it did accumulation below 19.50$, then we have a good potential for long. Then support line will not broken and may be then I will buy.

AVP - Avon prods Inc.



I think a few time stock will trading in the range $19.50 -$22. This is time will accumulation for next long move. Any way I will watch and try trading in the range.

Update:



Interest moment. If rumors about buying of AVP will confirmed, then price can go very fast to the $25, or down move more. Any way it is a year low and I will look at this.

[B]UPDATE: [/B]



If I understand correctly, $16 is very important level for AVP. And may be it is a good point for new big up move.