AI
Monday, March 27, 2017 1:06:23 PM
looks like these days at the AVXL forum,
most folks have been feverishly discussing the fundamentals and the science and the upcoming conferences and institutional investors, ...and everything else BUT the technical price action, and oblivious to the fact that these days the powers are moving price at will, to their chosen targets, all technical, and today starts more bleeding down, to the 5.83 target. which could hold if the powers intend for it to hold. the 5.80 step. but there are lower targets on the technical chart that deserve watching.
IF the wall street game setting up is to make a big rally surge into the news conferences, how much more time to they have to bleed this down,like today, before they have to turn it around and make the rally.
As Ive done most of my buying back down at the lower bottoms, my last buy zone was 3.50 area. and these steps way up here around 5.30 and 5 dollars don't seem like such bargains to me, but now, its tricky because the climbing steps process,having taken AVXL to 6.30 and now tries to pullback to support, here at the 5.80/5.70/5.60 area doesn't feel like any great bargain to buy. BUT, maybe the best bargains are here at 5.70/5.60 now. in these next few dips. a new bottom base at 5 dollars replacing the base at 4 dollars,AVXL is climbing steady since the 2.76 Bottom. those series of higher lows are what looks best on the chart to me.
2.43/2.76/3.10/3.31/3.51/3.80/3.88/4.00/4.14/4.95/5.13/5/17/5.50/5.56/5.65
most folks have been feverishly discussing the fundamentals and the science and the upcoming conferences and institutional investors, ...and everything else BUT the technical price action, and oblivious to the fact that these days the powers are moving price at will, to their chosen targets, all technical, and today starts more bleeding down, to the 5.83 target. which could hold if the powers intend for it to hold. the 5.80 step. but there are lower targets on the technical chart that deserve watching.
IF the wall street game setting up is to make a big rally surge into the news conferences, how much more time to they have to bleed this down,like today, before they have to turn it around and make the rally.
As Ive done most of my buying back down at the lower bottoms, my last buy zone was 3.50 area. and these steps way up here around 5.30 and 5 dollars don't seem like such bargains to me, but now, its tricky because the climbing steps process,having taken AVXL to 6.30 and now tries to pullback to support, here at the 5.80/5.70/5.60 area doesn't feel like any great bargain to buy. BUT, maybe the best bargains are here at 5.70/5.60 now. in these next few dips. a new bottom base at 5 dollars replacing the base at 4 dollars,AVXL is climbing steady since the 2.76 Bottom. those series of higher lows are what looks best on the chart to me.
2.43/2.76/3.10/3.31/3.51/3.80/3.88/4.00/4.14/4.95/5.13/5/17/5.50/5.56/5.65
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