Anavex Life Sciences Corp (AVXL)

[jimmy667]

The high demand for shares continued after hours with successive 1000 share lots at 7.20. All the usual EOD Dump by the day traders and shorts was eaten up and then some. There are close to 3 millions shares held short or 9% of the float. We have built such a strong ascending base that we should break out from this ascending wedge. The strongest TA pattern there is. We have come to the pinnicle of that wedge. We should blow right through the 7s to the low eights and trade in the 8 to 10 range for a while. Next week will be interesting with 3 mil short I expect we will hear a lot of squeeling from the pigs. Expect redoubled bashing from AF JFin and other false witnesses.