Anavex Life Sciences Corp (AVXL)

[123tom]

Nice run up into friday.

So this is how it looks climbing into the conference. Not too surprising how it did this...but what will happen tomorrow???

This target peak at 7.60 seemed like the right target to me, so I trimmed just a few trading shares here to make the technical trade,and set the stink bid at 6.40 area.just in case there comes the sell off,how far down would that go,I'm guessing 6.40-6.25 area ,but its just a guess right now.
This could just as easily jump another dollar tomorrow to 8.50.
I'm wondering now, how the MM's will play this, would they want to keep it under control so more big buyers can get a better price? The chart picture,in my view is examining the playing field from 4.00 to 8.00 and other patterns like 3.60/4.60/5.60/6.60/7.60 (pivots)...is 8.60 next? or is 6.60 next.
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