AVH is carrying a 8.4% short position as traders believe COVID will hinder the companies growth prospects this year following a tough 2020. However in mid-January the company delivered over 50% growth in revenue for the 2nd quarter questioning this view in my opinion – the risk / reward looks attractive for traders with stops under $6.
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PULSE CHECK WEBINAR: Portfolio positioning towards FY26
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Gerrish: The correction is done, we’re positioning for what comes next
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Friday 6th June – Dow off -108pts, SPI down -13pts
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MM likes AVH as an aggressive play with ~9% stops
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