I’m bullish on AVT as the stock is breaking out of a well-constructed third-stage base near the $97 area, supported by a clear expansion in volume. Price is trading above its rising key moving averages, with the 50-day moving average providing support during the recent consolidation and the 200-day moving average trending strongly higher underneath.

What I like most is the sequence of higher highs and higher lows since the April breakout. After a controlled sideways consolidation around the mid-to-high $80s, AVT has now pushed into new-high territory, which suggests institutional demand remains present.

Fundamentally, the latest earnings report delivered triple-digit EPS growth and double-digit sales growth, confirming that the technical strength is backed by strong business momentum. If AVT can hold above the breakout area and volume remains constructive, I see potential for further continuation higher. A decisive move back below the base would weaken this setup.