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Smile.................confirming our Anavex monthly break above 5.00 continues.
The bull flag formation sure doesn't hurt either, a 1.40 - 1.50 break seals the long term CytoDyn buy signal...............in my humble opinion.
Buy signal major on the monthly if/when CytoDyn can break 1.50.................
No one knows. The more the merrier right now to push out financing til 3rd or 4th quarter, who knows............
Key CytoDyn daily upside reversal, hope it holds. We've gotta take out 1.50 to get this going...............
Continuation pattern confirming last weeks breakout signal..............marching higher on the monthly bodes AVXL well.
A break above .40 is a 1 year high and .45 a 2 year high, and no resistance until .57 then 1.36. Extremely undervalued/unrecognized/unappreciated and once additional funding occurs, I look for Arch to continue it's bull run...............................$4.00 price target 2017.
If it works, a 10 - 20 bagger from here is my estimate by 2018.................May God help us all.
Certainly a compelling story with CytoDyn at an inflection point. Once the warrant overhang is gone reminiscent of another stock, and the Gilead connection is realized by the market, I expect CYDY to fly...............all time highs @ 4.50, with a breakout above 1.50 the first order of business.
I highly doubt it but the mantra of late is hold your nose and buy, did again @ 1.49 gap down Thursday thought it was decent enough for another CTIX round of flipper trades, never say never LOL......
CEO responding about message board posts, the next Regeneron no doubt about it..............
Double weekly red tails with no fundamentals spells more downside action ahead........I may consider buying again around 1.20, Cheers.
Excellent post. Agree with your assessment 100%.............Cheers.
Sell was on higher price, lower rsi and I bailed, pump and dump move at the present..........
Smile.....................sweet Anavex breakout.
Maybe we'll get some Acadia spillover if ACAD continues higher than AH and have Anavex move to their market cap, all in good time my pretty...........
A while back I mentioned THE buy signal was 1.40 if it didn't crash to 70 cents first, rode this bio pinkie for 33% to my target price then gleefully bailed. Was this a fabricated pump then dump move?
Let's call this now, a weekly double bottom at 72...........
This is why we're in it, and if the Sigmaceptor Discovery platform truely measures up, Anavex will be gobbled up and bought out..........Pfizer makes the most sense.
Hahahaha................oh well
Anavex stellar good news market appreciated and this will turn into a fast market in a heartbeat, gap up style...............
Lining up just like the last time, 6.30 break on the weekly then 8.00. Long from 3.95, sold at 4.45, bought it all back double shares at 4.45 to 4.54 when it couldn't retrace under 4 again like I was hoping. Oh well.......
...........AVXL riders on the storm............
etradeedge
Monday, 03/07/16 02:55:21 PM
Re: dranesthesia1 post# 55709
Post # 55715 of 55917
$AVXL$ breakout above 5.00 confirms a new monthly buy signal, the last one was 6 months ago in October at 6.00 and ran to 15.00.....................Riders on the Storm.
Works for me, then the magnet be 8.00, back to where the nonsense broke it down...........AVXL
etradeedge
Monday, 03/07/16 02:55:21 PM
Re: dranesthesia1 post# 55709
Post # 55715 of 55816
$AVXL$ breakout above 5.00 confirms a new monthly buy signal, the last one was 6 months ago in October at 6.00 and ran to 15.00.....................Riders on the Storm.
$AVXL$ breakout above 5.00 confirms a new monthly buy signal, the last one was 6 months ago in October at 6.00 and ran to 15.00.....................Riders on the Storm.
My inbox which is PST from Anavex says 13:10 (1:10 PST) so yes, 4:10 EST.............I always think 1:00 PM close, I'm pacific time.
I received the split PR from Anavex at 1:10 PM EST, 10 minutes after the close...............so be it.
Thank you for dispelling the myth regarding AVXL. It runs rampant with this stock. And congrats to those who knew the promise last year and held on and are still positive over 200% profit. Imagine that. Emulate only the best investors/traders i.e. smart money here and you'll make a fortune..................$AVXL$
Been swing trading AVXL for over a year now with gains over 400%. Most recent 3.95 long, 4.45 sell. It beats buying and holding, hoping and dreaming in dead stocks LOL...........its the only way to fly for the edge portfolios $$$.
Sounds like a fairy tale, and the market believes it at this point in time...........
Success upside around 1.83, failure downside around 60 cents, dilution, credibility & once touted pipeline reality..........
Probability indicators are low, very very low. We should see 60 cents after the failed trial news disappointment....................Sentiment: Sell
Never say never. The first thing that needs to happen is for the market to start to agree and right now that's a break above 1.40...............
Fully diluted with options and shelf around 5 bucks..............and no such thing as a lock as some refer to it which I find amusing has ever before existed in biotech.
The new bull market is here. It will do it's best though to shake out the unbelievers..........
Price staying low from 5 dollars to 1 and the market figures correctly it's a bust crash past tense until 2020. Old news and 14 months late...................
It all makes perfect market sense when you factor in the news, management, delays, SA, pink sheet exchange, ongoing dilution, retail only and a bear market to contend with..............
Which way will this massive CTIX near term explosion take place? Your not shorting as a hedge are you? Or have you been buying the dips from 5 dollars down to 1 dollar?
The top 3 mining sector performers trailing 12 months, DrdGold +65%, McEwen Mining +63%, Richmont Mines +37%............Seabridge Gold +12%.