Replies to post #4607 on Avita Medical Ltd (RCEL)

[risk54]

Ahhhh...That is the question. What constitutes "a dump"? Is it 3% drop a 5% drop or higher? Does it make a difference if it's 3% on heavy volume or 5% on lite volume?...

Would if there's a full moon and it goes down 3.5% on moderated volume? Oh the confusion...

[miketrav69]

Perhaps our resident “MasterTrader” can give us insight as to what signifies a “dump

Anything where I make money off a drop.

Pray pray pray that the quarterly report looks good. If not sub 7 dollars is coming. If we see positive. I predict 10.5. Regardless a dump was due this week and I played it like a fiddle as usual. Called it perfectly. Is the dump over for the week? Could be. I rebought half my trade stash this afternoon. If we head back up towards 9 range I will buy back the rest. If we go lower I will buy as well. Win win for me. Not so much for some others. Remember I was mocked for my call and as usual and I was correct. I am not always correct. But if you learn to read the charts and market sentiments you can setup high reward low risk trade setups here pretty easy. I have many private messages thanking me for my dump calls over the months