yes,same picture...
but right as you were writing that post, AVXL Collapsed down, the 5.25 failed to hold and it hit 5.16 where its wallowing now. so it hit my immediate target with this drop. we could get a bounce into the 5.50 zone and collapse again. as the latest geometric chart I posted diagrammed. strange to see it zig zag all around here. It looks like this 5.16 pivot zone has to be seen as a "buy zone" and the resistance today kicked AVXL down at 5.38, not even allowing it to hit 5.40 now. Its ALL resistance above 5.40.
This could become a downwave to test 5 dollars and 4.90 target zone.
I have a small bid in at 5.16. but the lower targets are also waiting.
such a downer way to start the week for AVXL....the bias is definitely looking at an ongoing downwave currently. and like I said last post, its still appears to be crafting/finishing a bottoming pattern, still ongoing.
I don't use the MACD at all, never took to it.
