123Tom's TA study group

[123tom]

AVXL...was today's pullback ok ?

holding at 3.25 seems ok. but needs follow thru bounce this week. 3.45 acted as resistance but 3.25 acted as support. maybe call that a draw,the round ends in a draw,?? Failure now at 3.35 and another plunge below 3.25 and you've got the downward direction....but , a bounce to test 3.50 area and climbing higher steps and higher lows would make it moving in a bullish direction. I wont be happy with any finished rally until it reaches the 3.88-4.00 target zone.