Friday, May 19, 2017 1:24:50 AM
Weekly chart AVXL....
looking more downward these days now. after failing to rally and sustain any climb above 6 dollars, now it turns in the downward direction, and has fallen right down to 5.60 with NO trouble at all.
hard to climb above 6.00 easy to plunge down to 5.60.... that's should make us always Cautious ,what looks like a good bargain one day is not so much the next.
its hard to foretell the finished bottom. it could be here at 5.60 or it could be at 5 dollars, or the 5.30 target in between.
but I'm always amazed at how easy it is to slam it down, and how hard it can be to climb up the stair steps.
stink bids are good to use at times like this.
something in the 5.30's is my guess, but its easy to miss it by a penny too. mine is at 5.35 now.
looking more downward these days now. after failing to rally and sustain any climb above 6 dollars, now it turns in the downward direction, and has fallen right down to 5.60 with NO trouble at all.
hard to climb above 6.00 easy to plunge down to 5.60.... that's should make us always Cautious ,what looks like a good bargain one day is not so much the next.
its hard to foretell the finished bottom. it could be here at 5.60 or it could be at 5 dollars, or the 5.30 target in between.
but I'm always amazed at how easy it is to slam it down, and how hard it can be to climb up the stair steps.
stink bids are good to use at times like this.
something in the 5.30's is my guess, but its easy to miss it by a penny too. mine is at 5.35 now.
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