A lot of great fundamental positives in your thread, but from a charting perspective AVH made a new low last week and as such it's price has a higher probability of falling further than rising. It has fallen to a very strong support level from last year and if it falls through that then for me AVH's price is likely to remain toast for a while. I've been holding during the fall - from a short term trade that didn't pan out. Not holding many, so not the end of the world but a bit disappointing after I'd hoped for good things. Anyway, another day today and perhaps it will go up - but technically AVH is now a sell for me.
On a quick technical note I think I had my Elliott Wave analysis wrong initially and the entire price action on the chart below is a Wave 1 & 2 (I was seeing it as an entire cycle rather than just part of a cycle). Assuming it is a Wave 1 & 2 then it's action is text book perfect - ie rise into W1 and then lose 75% of those gains in the fall into W2. Another targeting technique I use suggests a bottom of $6 (which is just above that 75% retracement - but close enough for the exercise. Assuming price rises from the current levels it should rise strongly into Wave 3 which is the strongest and longest rising wave of a price cycle. Not really a double bottom in my book by the way.
Good luck
- Forums
- ASX - By Stock
- Why AVH is a bargain right now / chart
AVH
avita medical inc.
Add to My Watchlist
1.69%
!
$1.81

A lot of great fundamental positives in your thread, but from a...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$1.81 |
Change
0.030(1.69%) |
Mkt cap ! $128.6M |
Open | High | Low | Value | Volume |
$1.82 | $1.87 | $1.80 | $307.4K | 167.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 680 | $1.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.82 | 9936 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 680 | 1.805 |
4 | 32150 | 1.800 |
3 | 12629 | 1.780 |
2 | 2338 | 1.775 |
1 | 1000 | 1.770 |
Price($) | Vol. | No. |
---|---|---|
1.855 | 1000 | 1 |
1.865 | 8363 | 1 |
1.870 | 3891 | 2 |
1.875 | 3800 | 1 |
1.880 | 250 | 1 |
Last trade - 16.11pm 11/07/2025 (20 minute delay) ? |
Featured News
AVH (ASX) Chart |
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online