closeup of AVXL's support /resistance stair steps https://content.screencast.com/users/tom6114/folders/Jing/media/681cc353-1e4b-4567-98cc-58be8c0c0fff/2017-03-12_2355.png If you add Fibonacci tools,and pivot points,you have a strong view of the technical target points in both directions. Then if you can count Elliott waves in the pattern ,that adds to the picture. https://content.screencast.com/users/tom6114/folders/Jing/media/7dc8fd1e-3edd-40c3-8581-ea4eaa15eaff/2017-03-13_0016.png