Anavex Life Sciences Corp (AVXL)

[Kentucky123]

I will give it a shot or at least swag at it. Computers control and trade most everything today. This is a little known company with no visibility outside existing retail holders and a small cadre of tutes. The trend is programed into the computer and the algorithm is set. Nothing matters until the trend is reversed and it is down short term for the last 8 weeks and long term for the last 3 plus years. The question is when do the bargain days for investors end? We are oversold on the daily, weekly, two hourly time frames so we should bounce very shortly and reverse short term. That does not mean the long term trend is reversed. That will require a move above 3.95 now. The big boys need to become interested and they will be back from the beach next week. Watch volume as it will be key in the change of the long term trend. I think we are at a bottom now.