Anavex Life Sciences Corp (AVXL)

[123tom]

Geepers....I'm almost afraid to ask....


What was the "cause" of todays plunge?
whats the excuse this time.
some viable 'reason'....

that explains why price went right to the technical target zone that's right there on the chart.

I was surprised that it fell in one day's plunge like this. I thought it might take several days. it was the high-speed train today.

I bought some trading shares at 5.64 today. will sell them at 7 dollars. (6.99 if I'm clever.)

Actually it fell thru 4 support steps/targets today. not 3.
the first was at 5.90. (5.94-5.90/5.80/5.70/then 5.60....somebody was Determined to collapse this down today.


This was a decisive move today by the powers able to do this. NOW there is the set up for more selling at the 5.85 resistance zone.
more struggle in this zone. to overcome. but games going up can take it to 6.17 again, and the 6.30 target . or games going down can craft hard resistance at that 5.85 zone, and retest 5.60 again...stuck in this boring box suddenly becomes stuck in this volatile dramatic box.