Reversal Incoming

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Reversal Incoming Ava Risk Group Ltd.ASX_DLY:AVAAlvinDeo96AVA is shaping up as one to watch. The November low may have formed a high‑volume spring with a brief throw‑under of the wedge structure. It’s a constructive signal, but confirmation is still lacking. Price has yet to break back into the range and close convincingly. For the bullish scenario, the key level is the new yearly pivot at $0.083. Importance of this zone: it’s the first approach into the yearly pivot, it aligns with range‑low resistance, and it intersects the downward resistance trendline. A clean, impulsive break on increased volume and close above this cluster would signal real strength. If that breakout occurs, the next expectation is a pullback to retest the spring, especially given the spring printed higher volume than the selling climax, making it a logical demand check. Scenario 2 Since price is in high-risk zone a strong rejection here could result in a much deeper pullback. First zone of interest would be the yearly 1 pivot