AI
Monday, March 13, 2017 1:41:31 AM
Fireman, you'll be happier posting here about AVXL. I want everyone who is being censored,or feels they're being censored at AVXL forum to feel free to come here and post.
I will be posting much more of my AVXL charts here instead of at the AVXL forum going forward.
If you enlarge this chart you can see the Fibonacci targets in play. These targets are as good as one needs to find the target zones. I keep my eye closely on these areas,and watch price action as it gets close to these target zones.This whole area from 5.30-5.90,in my view, is a battle zone between buyers and sellers in this area,from 5.30 to 6.30,every 10 cents, the steps up and down, are a battle zone that wins one day and loses the next, until it is decided which direction price will be taken ( by the powers that move price) . some people think the retail buyers have some influence.,I think they have Minimal influence on where price goes. The Market maker/wall street big money powers are what moves price, the institutions or hedge funds, big money moves price. But regardless of how the price gets moved up and down, to me,what matters is the Target points they are trying to achieve.
and which step will be the low target ,the place to buy shares, and which rally peak would be the target to take some profit. That's the game.
The powers managed to bleed price down as low as 5.17 so far. I think they will shoot for 5 dollars this week. as soon as tomorrow or Tuesday, maybe Wednesday.... and maybe there will be a rush to achieve this, because they need to start the next rally surge in the coming 3 weeks heading into the science/news conferences .
That seems to be the basic cycle happening now, and the chart picture shows the same thing setting up now.
In my view, these days are a waiting time, watching the pullback bleed down like this, and trying to buy the best bargain below 5.40,with an eye on the 5 dollar zone presently, and the possibility that somehow, we could see a one time chance to get shares below 5 dollars, before the next rally begins.
When it comes to watching charts and price action, its not possible for anyone to know which step price will become the final bottom,and its not possible to know which day the next rally will begin. It could begin tomorrow, or later in the week.
so anyone who makes a prediction here is just guessing and bloviating.
What I'm trying to look at in this chart,is just to see the targets in the picture, and to be ready to buy some IF it falls to the 5 dollar step.or lower. or to decide that maybe 5.05 is ok if it falls to 5.05 intraday, I might need to buy if it doesn't seem like it would touch 5 dollars. that sort of thing. But the target zone around 5 dollars is the next stop along the bleeding down track. if the powers intend to take it there.
The tricky part right now, is that the powers might decide to give it one more small bounce back up towards 5.60 and THEN smash it down to test 5 dollars. That's the trick,if they decide to play that. That's the pattern in this bleeding down pullback, a bounce up followed by a whipsaw down to Lower steps. a few more of these zig zags and we might get shares at 5 dollars. (or we might not)
I will be posting much more of my AVXL charts here instead of at the AVXL forum going forward.
If you enlarge this chart you can see the Fibonacci targets in play. These targets are as good as one needs to find the target zones. I keep my eye closely on these areas,and watch price action as it gets close to these target zones.This whole area from 5.30-5.90,in my view, is a battle zone between buyers and sellers in this area,from 5.30 to 6.30,every 10 cents, the steps up and down, are a battle zone that wins one day and loses the next, until it is decided which direction price will be taken ( by the powers that move price) . some people think the retail buyers have some influence.,I think they have Minimal influence on where price goes. The Market maker/wall street big money powers are what moves price, the institutions or hedge funds, big money moves price. But regardless of how the price gets moved up and down, to me,what matters is the Target points they are trying to achieve.
and which step will be the low target ,the place to buy shares, and which rally peak would be the target to take some profit. That's the game.
The powers managed to bleed price down as low as 5.17 so far. I think they will shoot for 5 dollars this week. as soon as tomorrow or Tuesday, maybe Wednesday.... and maybe there will be a rush to achieve this, because they need to start the next rally surge in the coming 3 weeks heading into the science/news conferences .
That seems to be the basic cycle happening now, and the chart picture shows the same thing setting up now.
In my view, these days are a waiting time, watching the pullback bleed down like this, and trying to buy the best bargain below 5.40,with an eye on the 5 dollar zone presently, and the possibility that somehow, we could see a one time chance to get shares below 5 dollars, before the next rally begins.
When it comes to watching charts and price action, its not possible for anyone to know which step price will become the final bottom,and its not possible to know which day the next rally will begin. It could begin tomorrow, or later in the week.
so anyone who makes a prediction here is just guessing and bloviating.
What I'm trying to look at in this chart,is just to see the targets in the picture, and to be ready to buy some IF it falls to the 5 dollar step.or lower. or to decide that maybe 5.05 is ok if it falls to 5.05 intraday, I might need to buy if it doesn't seem like it would touch 5 dollars. that sort of thing. But the target zone around 5 dollars is the next stop along the bleeding down track. if the powers intend to take it there.
The tricky part right now, is that the powers might decide to give it one more small bounce back up towards 5.60 and THEN smash it down to test 5 dollars. That's the trick,if they decide to play that. That's the pattern in this bleeding down pullback, a bounce up followed by a whipsaw down to Lower steps. a few more of these zig zags and we might get shares at 5 dollars. (or we might not)
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