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Re: Biostockclub post# 3779

Wednesday, 05/10/2017 3:30:33 PM

Wednesday, May 10, 2017 3:30:33 PM

Post# of 11343
AVXL hits the pullback target in a single plunging fall at the open today....

fast and furious comes the move to the pullback target zone. bounces at 5.74



My good fellow,Biostock, youre a good man, and I hope the best for you. If I might respond to your latest PM,in the best diplomatic way I can....I would NEVER recommend that anyone ever trust the technical analysis of that person, she is NOT a good technical analyst. she understands nothing of what I'm doing. Ive tried many times to explain it for her, she continually fails to see the chart picture clearly. she sounds like she knows the chart picture but her forecasts have constantly failed ,and she displays No ability to understand the chart work mathematics that I'm doing. all the while my forecasts have been 90% spot on target. you would not be served well by her 'analysis' the only thing she has any fair grip on is when she watches the bids and asks and the big money trading. she is bitter and jealous toward me because my chart work has always outshined hers. I always try not to rub it in to her face,except a few occasions when she has insulted me too much. otherwise I ignore her posts . be careful who you think is a good technical analyst.
I don't need to put another feather in my bonnet. it speaks for itself.

todays dip at 5.75 was an ok target to buy some. the suddenness of the plunge is a bit alarming. you see how the powers carefully walk price up a little step at a time, maybe jump it a few steps, then they keep it tightly controlled, as if to lull sheeple to sleep, and then they make a giant plunge down. its all trickery. the pop at the open followed by a slam down, is a frequent trick, Ive come to expect it every morning when the set up is there, like it was yesterday.... this 6.00-6.15 area was and still is a Resistance slam down zone. Now, the 6 dollar resistance line is a danger line for more plunging down. the 5.70 support zone is critical to hold any rally momentum this week, otherwise we are looking at a retest of the 5.60/5.50 base. Don't buy too quickly all your shares. I might imagine the odds now, for more plunging down to retest the 5.50/5.60 is at least 50/50

but foor the next few days we might need to watch how strong or weak will this station at 5.75 be. its a critical support step(5.70/5.75/5.80 and it might hold ok. but now we need to watch the resistance around 6 dollars....see how it is rolling over and capping here today at the 6 area.
watching 5.80 to hold support is critical now.

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