AVA 8.70% 12.5¢ ava risk group limited

Unfortunately I don't think today's news is going to change AVAs...

  1. 640 Posts.
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    Unfortunately I don't think today's news is going to change AVAs current bearish momentum. Gapped up and closed with a red candle, average volume. Daily MACD crossed over but deep under zeroline,
    I have taken todays ASX strong open to reduce my positions across portfolio as we are likely going to enter a global correction now due to delays in US stimulus package, and a potential regulatory blow out re: wallstreetbets morons and potential for hedge funds pulling liquidity from markets. US markets are ripe for a tanking and taking local stocks such as AVA down with it. Happy to be proven wrong...
    Last edited by Petrj: 29/01/21
 
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