AeroVironment is described on Yahoo!Quotes as:
“AeroVironment, Inc. designs, develops, produces, supports, and operates a portfolio of products and services for government agencies and businesses.”
Below are the downside targets as a consequence of the parabolic rise that has occurred since the September 2015 low.
The conservative downside target of $62.26 is a lock in our view. To put this in perspective, AVAV would have to increase to $160.62 before the $62.26 level isn’t a normal “dip.”