AVH 4.97% $3.06 avita medical inc.

AVH on NASDAQ, page-487

  1. 6,593 Posts.
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    RCEL usually goes up with the nasdaq
    It's just that AVH tends to drag the price down before it opens, so nobody in Australia notices the climb
    The difference with friday was that AVH didn't sell down as much as usual

    Have you not noticed the discrepancy between the USA & ASX in July?
    ASX was absolutely slammed on Friday while the US markets actually gained

    ASX has been sold down nearly every day, especially if the futures forces the ASX to open higher
    Australia has a strong bear sentiment atm & are holding cash again waiting for the US to crash
    But they dont, they keep climbing
    Yes they still have plenty of covid cases but it looks like it's coming down (I won't say it's under control as it tends to offend some people)
    Tech stocks are holding up much of their markets though
    Although Australian tech stocks took a hit in July

    If there was no AVH, I would be confident that RCEL would be much higher than it is right now

    I don't like the fact so many Australians can influence an American revenue based company
    But it is what it is
    It's like trying to drive a car with 1 foot flat on the accelerator & your other foot constantly tapping the breaks

    I'm just waiting & trading what I see in the mean time
    Still buying into the lows & selling some when it bounces

    I'm hoping for low covid cases in victoria come Monday to see a huge rally when that happens
    Down 2 days in a row now
    Hopefully they have peaked
 
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