VolumeSpreadAnalysis
$AVT
Price: $91.88
Volume: Average or below
Catalyst: Market digesting Avnet's latest earnings commentary on semiconductor demand and inventory normalization trends.
Resistance: $95.50
Support: $89.20
Bull case: A move back above $95.50 on rising volume signals renewed confidence in the distribution cycle recovery.
Bear case: A breakdown below $89.20 with heavier selling pressure suggests demand softness is spreading further.
What I'm watching: Need to see volume pick up meaningfully in either direction before trusting a breakout or breakdown here.
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