I will leave this here, and digest my comment as you feel.
BFS's, vals, broker and analyst expectations are one thing [which usually comes to fore into the medium/longer term outlooks), HOWEVER those red and green things on the chart are saying otherwise...
Once the 'market' thinks that enough selling has been achieved, and those little green candles start appearing again, THEN we can see where we actually sit, in the real world.
From someone who has chased profits by trying to catch falling knives beofre, and has been punished accordingly, let the dust settle first, and re-enter. Hopefully by then the downside has been well and truly factored in. With luck, the market will overshoot as usual, and you can buy a nice parcel at a bargain price. Don't try to pick the base, and always leave a bit for the other guy. That way you can sleep at night.
Trust me, losing capital by making wrong or early calls is far too easy, compared to making it up again on the bounce....
AVL Price at posting:
8.1¢ Sentiment: Hold Disclosure: Not Held
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