123Tom's TA study group

[123tom]

yes,I've been noticing that cup and handle
on AVXL

looks like one doesnt it. 2.70 to 3.20, adds another 50 cents to target 3.70. and I have some other math measurements looking at a 3.70 target area.
I want to start liking the way the chart looks, and today's little bounce made it look a little better still. holding the 3.00 support step, exactly what it needs to do, and now looks like it wants to jump. but the problem is there is resistance overhead every step along the way .a bounce that 'looks like' a breakout if it pushes above 3.25 could get magically capped at 3.30/3.35. above that 3.40-3.50 every 5 and 10 cent step has some math pivot resistance point in the chart. are the options at 3.50? I forget. past peaks are all around the 3.60-3.80 area, before it hits 4 dollars.

here are the daily pivot points. also the same basic targets
pivot points AVXL