Anavex Life Sciences Corp (AVXL)

[123tom]

well what I meant by that

was when looking at the present price action so far, theres a zone I'm looking at ,from the bottom to the top, ,maybe a wave pattern, a recent rally and the pullback. and sometimes, as you see the pattern developing it reaches a point where the potential is teetering in a balance,like the odds are 50/50, and I cant get a sense which way it will go next. and the best frame of mind is to just sit back and watch for the next moves to show something.
Right now,that battle is looking at a retest of the 5 dollar support or else a continued climb toward 5.50-5.80 area. I'd call that the current playing field .IF we see a larger move tomorrow that breaks through those parameters then my pattern map is broken. and I need to examine it all over again. The rally target zone I'm watching for is 6.00-6.25 area. The downwave movement hit 4.80 and bounced in a more bullish move that changed the momentum direction from down to up. and set the balance point around 5.00-5.10 now. the central area to watch. and watching this playing field now, I need a day to see how it plays out. will understand more after that.Since suddenly,the bullish bounce took over the momentum, now the upward bounce could be trying to make that 1 dollar move,but the resistance here needs to be watched next.