yeah, that's about what I'm doing, C...
seeing all these target zones,possible now, like you said danger if AVXL falls below 5.55. I thought the danger was showing as soon as Monday collapsed down from 5.95.. when that area fell like that,and then failed to recover it was a danger zone, and now that's the same danger zone for the next bounce as well.
I understand it looks scarey to see this kind of plunge down from 6.27 to 5.50, showing no strength to sustain the rally structure. but as bad as it has looked, theres still hope to see this Range pattern win the day ...by HOLDING here at 5.50. This Range pattern....better hold now at 5.50 or we could see a real acceleration, don't you think? I've been buying these 10 cent steps,up to now, but it might be wise to just step back and see if we get some bigger plunge right to 5.15-5.20 area, or 5 dollars.
The next technical target I think is around 5.40 and then 5.30, it really is a set of stair steps,hard to pick one and ignore another,as each one gets hit. I was partial to the 5.30 step, but might just step back now and watch the drama unfold.
wiley coyote ,signing out,....
