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Wednesday, 02/19/2020 3:20:40 PM

Wednesday, February 19, 2020 3:20:40 PM

Post# of 462732
Looked like the AVXL tether to $5.00 for options Friday in 2 days was broken this AM.

Those were some very powerful forces that have reined AVXL's tether back to $5.00. If I hadn't witnessed it, I surely would not have believed that such a force was possible.

Another example that the market is not for the feint of heart.

No worries though. AVXL tested the 3-year closing high of $6.20 this AM, only to be severely rebuked as the day progressed.

AVXL may have to test $6.20 a couple more times before it SMASHES through the 3-year closing high of $6.20 once and for all on its way to testing the 5-year (and all-time closing) high of $13.30

Hold on tiiiiiiiiiiiiiiiiiiight longs. New all-time highs await in the not too distant!
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