Anavex Life Sciences Corp (AVXL)

[123tom]

Another day,another dollar

riding the roller coaster up and down.

(I'm mostly holding now.) but what target now, would be considered a 'bargain' to buy in any pullback ? The old trend and cycle has changed.

Various technical targets in both directions can be plotted on the math chart, but it doesnt get easier as the picture expands and more volatile.
Little price waves used to move 30 cents up and down, and 50 cents was a big move. Now the moves are looking 1 dollar. and the only strong pullback so far dropped about 73 cents at one point in the recent rally wave. all other drops were miniscule.(and now, a 50 cent move looks on the small side,what used to be a big move)

But IF this 6 dollar target becomes the finished peak,(for this current rally wave) with more upwaves to come) we could see the next 70 cent -1 dollar pullback, its looking at the 5 dollar target zone. and I like 4.80 area as well. but like you said, would we see the next 1 dollar bounce target 7.00 (I see 7.50 target there as well. and then 8 dollars is a big target zone. before we see 5 dollars again, or which will happen next. its a guess. $5 dollar Options expire this friday...will the MMs lose alot of money? if they dont push it down in the next few days?