Anavex Life Sciences Corp (AVXL)

[123tom]

IF 1.40 holds as a Bottom

and bounces in a first wave to 2.20
and retraces to hold around 1.80
The math and geometry projects a finished recovery wave to target the 3.40/3.50 area.
But its just a technical projection so lets just call it 'for entertainment purposes only'.


something to visualize,like a map of a national forest.

How did it get down here.

Oh, but there was something rational I wanted to say. IF the science and the trials would be positive ,and a news cycle timing projection for early summer, at some point in the coming weeks and few months, a Bottom will have to be completed because the climb into the news cycle is likely to happen. This is a Major inflection point for AVXL ,these trials, so logic says this current downwave will likely become the mother of all bottoms and the rally climb from the bottom will likely lead into a major target zone 6 months from now. What happens when news comes out is anyones guess ,whether it gets hammered back down or goes soaring to happy highs. but its the timing cycle I'm thinking about here. This current downwave looks like it would become the designated Bottom that begins the next rally wave to the 2019 summer news climax.

Would the MM's have another 1 or 2 months to keep smashing the price down some more from here? who knows. but its the cycle chart construction timing I want to start examining at this point.