F1...whats your view of AVXL these days?
anything looking interesting in the financial area of things? and the science? This week was good follow thru for the price action in the rally. so far, so good. the obvious resistance at the 200ma waits overhead now. But it does look like it was capped below 5 to expire the options. Do you believe wall street tricks get played like that?
Maybe the way is paved now to start testing the 200ma, and testing the new support steps below, at 4.70/4.60/4.50/4.40, and the 5 cent half steps in between.
4.45 was a big one. I think those support targets are still in play that have to hold as support now.
But I wonder if we will see more MM manipulation at 5 dollars to bleed it down again. a rinse and repeat operation. so I don't want to give too much power to the 4.45 zone to act as strong support ,just yet. I want to see what the MM's do with price action bleeding and slamming it down from the 5 area. Like they did at 4.75 last week, took it right away ,down to 4.20 and it struggled for a week. That game could happen again if its controlled by the big money trading.
