AI
Thursday, April 27, 2017 4:18:16 PM
AVXL fell out of the narrowing wedge apex.
Topline.....6.64 through 6.30 to edge of graph.
Bottom....4.95 through 5.17 to downtrend line.
A close below wedge again tomorrow would confirm the downside direction. (Without news of course)
The rsi failure to hold 50, the weak adx and macd below zero all support downside bias.
Price labels and pivots match up with your number targets pretty close.
Topline.....6.64 through 6.30 to edge of graph.
Bottom....4.95 through 5.17 to downtrend line.
A close below wedge again tomorrow would confirm the downside direction. (Without news of course)
The rsi failure to hold 50, the weak adx and macd below zero all support downside bias.
Price labels and pivots match up with your number targets pretty close.
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