Jaknoph

AVH 1d momentum

Long
ASX:AVH   AVITA MEDICAL INC.
AVH daily shows signs of a trend line break and a strong move through moving averages. But there is weak follow through so expecting a back test as it headbutts 200ma and tightens more before a stronger move.
Stochs and MACD all turned up, shorter stoch in overbought and on low volume hence my expectation of a backtest/consolidation.
Has had decent volume near its current base too so potential accumulation, soon mark up then distribution.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.