I responded to a technical post of his because it looked ok.
How much does a paid troll get these day? I could use a pt time job.... lol
Chuck, the AVXL chart has really developed a downwave here hasn't it. it seems to have the Fib targets in mind. at 5.10 and 4.95 area, there are some fibs at 4.70 area as well. and even that 4.50/4.40 zone. Could the MM's take it down that low?
The Resistance zone from 5.40-5.90 looks strong to me. IF we get a fast bounce now that gets back toward 5.55 I might have to trim some shares there. and repair my money mgmt.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.