Still performed ok while the nasdaq got sold down againIt's...

Still performed ok while the nasdaq got sold down again
It's prob just getting ready for trading on the asx (just a guess)
There's no way AVH is opening over $8 with the markets the way they are
It'll get massively shorted
Looks like it was just closing the gap to be safe (Americans don't trust the Aussies)
If they wanted it sold down, they would have sold it down from the open when the nasdaq was falling
That is huge volume, but since it didn't close lower than the previous day, someone must have absorbed all those sells
That's 3 days worth of average volume
Nobody absorbs all those shares if they want the price to fall lower

Avita isn't going to have a fast rally back to previous pricing
Looks like it's going to climb slowly & build support as it climbs
(reminds me of NEA recovery from march)
Any premature rallies are going to get sold down
Any overselling will be provided with support (to a certain extent)
This way it prevents day traders from taking advantage of the regular volatility
Either take small profits more often or risk holding long yet maximising profits

Looking at the trades, there doesnt seem to be any large sellers
All regular trades

Any other thoughts?

Thanks for bringing it up
I'll be watching the markets closely monday morning