Anavex Life Sciences Corp (AVXL)

[jimmy667]

Bullish Dragonfly doji daily. Verybullish tweezer bottoms forming on weekly chart. Swing traders have got to love this on the long side. Key it seems would be to close the week close to $4 or above would make it a very bullish reversal signal. It seems like a poor short from here. No overiding reason to sell except market drift in indexes. However it seems as if bio indexes reversed intraday if so may mean the broad indexes will reverse soon as well. intraday AVXL had some strength even as a small reed in a terrible wind. Looks good for stability and sprice going forward. We may just enter the eye of storm but looks like we can weather it. I expect a high pressure storm soon rather than these low pressure down drafts we have suffered lately. Good luck to all I am adding and holding do not expect to trade because I have 2 year minimum time window until ph3 completion and any number of events could cause a geometric revaluation of the company. Potentially could happen tomorrow. Good luck and God Bless.