Anavex Life Sciences Corp (AVXL)

[fourdueces]

Those who think its due for consolidation or saying short at 1.90. Well first why didn't you short today at 1.90 the last ten minutes of trading? More importantly, pull up daily chart dating back to the beginning of this run from .40. How many times has it closed or within a point or two, of the high of the day and then be red the next day? I can't find one!!! This animal usually when its ready to run, will close at or near the high of the day for many consecutive sessions. Also this trend is found in many micro cap stocks. It's very rare, that any small or micro cap will finish red, when the day before it showed tremendous strength and was plus more then 5% and closing pps was at or near the high of the day. Really I don't even know why you would want to short at 1.90?? That's coming from someone who loves to short like myself. There is no technical reason to, there has been abnormal volume the past couple days with no news. That's usually a strong indicator of something brewing. Any kind of news will send this soaring, like it has in the past.