AI
Tuesday, May 23, 2017 12:43:34 AM
AVXL's great news rally that didn't happen yet.
Thru January the rally was premature in its rush ahead of news, Then thru March and into April,rallied again to 6.49 but when the time finally came for news, nothing happened but a sell off at 6.49,and since then price has been kept under tight control in a holding box.
Here's a picture of what the rally might have looked like, the space to the target at the 7.70-8.00 area.but instead we got a sliding bleeding more sideways, stretched out, and then bled down, tried to bounce, and got bled down every time, including now, while the holding waiting pattern continues.
Thru January the rally was premature in its rush ahead of news, Then thru March and into April,rallied again to 6.49 but when the time finally came for news, nothing happened but a sell off at 6.49,and since then price has been kept under tight control in a holding box.
Here's a picture of what the rally might have looked like, the space to the target at the 7.70-8.00 area.but instead we got a sliding bleeding more sideways, stretched out, and then bled down, tried to bounce, and got bled down every time, including now, while the holding waiting pattern continues.
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