Avita Medical Ltd (RCEL)

[jugs]

Been a buyer today operating in a range of $24.61 on the bottom to $25.00, mostly in the $24.70 and beneath range.

This is pretty much as we were expecting although even I have to admit I'm a bit surprised by this aggressive market sentiment showing. Another admission: Last week I placed an order for 300 shares of RCEL at $25. To my surprise the order filled this morning. I'd expected we'd hit $25 but I really hadn't expected it so quickly.

Wish I could predict a smart buy price going forward but I'm unable to do so with any degree of confidence. However, I just rounded things to the nearest hundred up, buying 26 shares at $25.14.

I'm a happy camper at these prices. At the same time I want another 400 shares to bring me to an even 15,000 shares of RCEL. I don't think it will happen today as momentum paints a pretty clear picture:

I could believe we will drop to the $24 range within the next day or two.

That has me very cautious...along with Covid-19 issues damaging everything in sight from health to finance to investing to accepting social distancing protocols.

So I'm playing things cautiously, knowing that in time much will have straightened out. How we find results acceptable OR NOT remains to be seen.

Stay smart and distance yourselves, please. My wife and I are seniors and being very careful, indeed. Life is far too precious to place political sentiment in front of common sense---my opinion, not more than that.