123Tom's TA study group

[123tom]

AVXL...

youre on top of it here.
plunge/bleeding for the first 1 1/2 hours to target the 2.05 step (2.00 step)
stops at 2.06 a front running bounce before it reached 2.00
Then the bounce to resistance at 2.20 then in the afternoon, resistance at 2.18 closes around 2.16. resistance zone 2.17-2.20 now for the open. resistance every step above that to the Fib math rally target zone 2.45 area. but where will we see the next resistance cap . today was capping at 2.18-2.20. Pullback to 2.14 so far is basic, but the next steps lower at 2.10-2.08-2.05 are still in play in my view. retest of 2.05 is possible. intraday pivots, I was watching the 1 minute chart all day. My stink bid at 2.05 missed by a penny. I wasn't at the market in the morning or I would have bought 2.06 area. Maybe I'll get a second chance .

Will the shorts not try again to target 2 dollars? or will this be just a one time effort ?

How was the buying volume at the 2.06 bottom.? and compared to the 2.30 selling at the open. The 1 minute looks like much more selling volume at the open, than the buying volume at the 2.06 Low. and thru the day....many minutes went by in the afternoon with no trading. not alot of buying momentum in the afternoon around 2.14/2.16 at support pivots. intraday.where would generate the follow thru. maybe tomorrow follow thru? or another subwave plunge down .to retest the 2.10 area

Was this bounce strong looking to you? coming off the 2.06 low?
2.06 low for today