AVH 0.00% $2.44 avita medical inc.

Good predictionAccumulation under $7Purchasing parcels at $6.87...

  1. 4 Posts.
    Good prediction
    Accumulation under $7
    Purchasing parcels at $6.87 (or as close to it)
    As AVH reached a recent high over $8, the price pulled back as shareholders began taking profits
    Looks like the sellers had run out & now time for a rally as the asx strengthens
    Thinning out the sell side helps with these spontaneous rallies
    It will want to try test $8 again but only if the asx doesn't tank again
    If it can't reach $8, it'll come back to accumulate under $7 again

    Quarterly results will be out soon though
    So when they come out, make sure you're holding rather than buying after the news of a predicted record quarter
    I don't think it'll break through $8 until those results confirm a strong quarter

    These are just my opinions
    It seems they disagree with many users
    DYOR
 
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