Anavex Life Sciences Corp (AVXL)

[sokol]

Money flow is beginning to barely perk up again, which should also be obvious because the share price has been up for the last three trading days. In the last 3 days, the market has been absorbing shares sold. It's likely, however, that there will be selling occurring in the next few trading days unless there is some positive news in that time frame. It looks to me the share price needs to break and hold above the 6.35 - 6.50 level, roughly speaking, to continue the short term move. Longer term, the share price has been gradually trending upward since late February - early March. I am a long term holder having traded a few shares on the ups and downs. On the fundamental side, I am hopeful as I have constantly reviewed the science. I have never lost any money on this stock so far, but I really do not care so much about that. Most importantly, I will be extremely happy if the Anavex drugs work and benefit humanity. I am too old to spend the money I have now. I like making money. I always have, but that is not so important to me now.