Anavex Life Sciences Corp (AVXL)

[jimmy667]

Two more down gaps to fill next week 1.50 $ up in one day or few days next week will be easy. Any positive affirmation will shoot it up to fill the down gap from $7.05. We want to be near the 50d MA when the results are released for the 12 weeks. Not too high could mute the response not too low or could dissipate the energy. (AVXL is dynamite treat it as such)
Todays action was for a follower of Japanese candle theory was about as strong of a reversal pattern there is. Should signal the start of a new powerful uptrend. I will be ad ding up as the price recovers. Buying dips for accumulation is good but for trading can be dangerous to always be trying to catch falling knives. For trading shares it seems to be higher wins by following trend and buying breakouts and reversals. It is also more fun and less nerve racking.
Happy New Year and GLTA.