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Re: TopOrBottom post# 263259

Friday, 12/04/2020 6:30:25 PM

Friday, December 04, 2020 6:30:25 PM

Post# of 463840
I didnt watch the price action today


but I can see what happened. target 4.50 gets hit. a 1 dollar move for AVXL from the 5.50 top. Didnt take long either. and it opens up new bottom zone territory now, the rally pattern is over. the 4.50-4.00 area is in play. 4.80 support was shattered. and now 5 dollar area becomes resistance. at some point the final bottom will be set,but where will that be now?
Is there any bullish momentum happening now? 4.50 was the pivot low where the big rally blast continued from. would it be a good support level now.
or will it be at 4 dollars.
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