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.

Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.

Regards Graham.

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

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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.

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Retested and Hold.
Or if New Get In.

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Avita Medical Target Price Cut 8.6% to A$3.20 a Share by Bell Potter.

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Avita Medical Target Price Cut 19% to A$4.56 a Share by Morgans.

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Retracing to Fib 0.78 after recent +20% Rally.
Should be Healthy. Holding.

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Tech's = Buy
Rating = Buy
Target = $4.65 + 53%
Will need to meet or exceed expectations to Pop Up.

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Conviction is working.
Holding, and DCA Dips!

Trade active

Price Target $5.00 +-30% Upside.

Trade closed: target reached

Many Medical Stocks take a hit as Trump Posts JFK Junior as Medical Advisor and a position in cabinet. He is extremely anti VAX.

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