AVH.ASX Avita Medical - Bottom Fishing. Trend Cloud Study.

Avita Medical is Oversold on the Trend Cloud Indicator at the 9th Wave Down.

Only for those Risk On Trades or Investors looking for a possible Recovery Trade.

I'm starting to Nibble on this one.

As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.

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Regards Graham.

Commento:

Risk Timing. {Was a Punt}
Avita Medical's Recell Go Obtains Approval from US FDA. Shares Pop.

Commento:

Re-Testing $2.50 Area. This is normally a Positive Sign. However a wait and watch approach is advised.
This can form a Double Bottom and W Pattern which is Bullish.