back support line seems valid and might holdjust bought few today purely technical reason as the back support line seems valid and might hold the SP
−0.42AUD
−53.30 MAUD
75.54 MAUD
124.21 M
About AVITA MEDICAL INC.
Sector
Industry
CEO
James M. Corbett
Website
Headquarters
Valencia
Employees (FY)
207
Founded
2020
ISIN
AU000000AVH4
FIGI
BBG00TG7PVN2
AVITA Medical, Inc., through its subsidiaries, engages in the development and commercialization of a technology platform that enables point-of-care autologous skin restoration for multiple unmet needs. Its product, RECELL system, is a device that enables healthcare professionals to produce a suspension of spray-on skin cells using a small sample of the patient's own skin for the treatment of acute thermal burns. The company was founded in December 1992 and is headquartered in Valencia, CA.
$RCEL fda approval and market likes it.Abnormally large volume. Close above $16.90, and while not exactly fitting a buyable gap up its looking more like it.
$AVH 1month base. gap filled and bounced. $4.13 break on vol?Seems to be a top little market leader. See if the market agrees for a continuation move out of a 1M base.
$AVH $1.87 Range tradeAVH looks to be moving out soonish, given were already above yesterdays volume, might provide sooner than later
Target in red
Holding from 1.835
AVH - Could provide a Buying Opportunity!AVH has bounced off strongly off support and the break lower could be a false break of Support. My Buy Zone is between $4.75 and $5.00 where I may be buying the pullback once price action confirms it, with a potential target of the previous highs. Price is currently showing resistance at the 200SMA
AVH a few signs of lifelooks like the early start of some signs of improvement, worth a look when it rises about 5.50-5.60
AVH - Avita - LONGFalling Wedge pattern seems to have finished with a nice breakout of the pattern. Heavy resistance at the 200ma mark. It should come back to test support and hopefully will hold. You could wait for 50 to cross 200 for full confirmation or wait to see if Support holds. Either way this is looking good
Do not ignorePrice jumped up today 15% on a QTR update. Weekly shows the price in a wedge testing the 78.6% fib retracement & bouncing of that zone. Daily - Price is testing $5.55 - $5.60 a historical support/resistance zone. Break of that zone & the trendline will be bullish
RCEL, Broadening Bottom (bearish) I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 82%
TARGET (EXIT) PRICE = 12.07 USD
BREAKOUT (ENTRY) PRICE = 20.50 USD
DISTANCE TO TARGET PRICE = 41.23%
EMERGED ON = Oct 30, 12:00 PM (EDT)
CONFIRMED ON = Oct 30, 03:39 PM (EDT)
WITH CONFIDENCE
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
