Anavex Life Sciences Corp (AVXL)

[jimmy667]

I am with you Blake that was what I did everyone it take one of these spikes down I add and all last times. it went up big. The October drop before up list was as if some major traders knew in advance and shook the tree to cover short and go long. They knew big event this time . I expect the smart money to cover any short position left and go long. I would like to see it get to 10.5 to 13.30 and then consolidate sideways in that range to let the 50d MA come up to meet it. That is better than big drops that bounce. Ideally I would like to see it trade sideways till it meets the 50 d MA then follow it up slowly.i t has not breached 50d MA this year . Now at 7.28 . Even if it slowly moves up from here would be good. This volitility just attracts day traders who play it long and short.