Anavex Life Sciences Corp (AVXL)

[123tom]

as soon as AVXL dropped to open ...

and hit 4.02 it made a strong bounce to the 4.25 resistance step.(4.27) That's the kind of strong bounce that shows some promise. but there has to be follow thru. or else it might just bounce up and down like this. in a dangerous zone around 4.20-4.00. I wonder at what target price the money powers will decide to hold the bottom? is it here at 4 dollars? but wherever they do hold the support, the resistance zone overhead at 4.25-4.35 has to be broken thru or else this beat down can just keep repeating. and risks falling below the critical 4.00 support line.