Anavex Life Sciences Corp (AVXL)

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Like your AVXL price orientation tredenwater2!

If anything buy on these dips.

Technically, since backing up from $28+, AVXL has traded in the $11 to $14 range. Recently, broke out of that range, and, for the most part, has since traded in the $14 to $16 range.

Like most longs here, waiting for a convincing (3 days of closes above $16)
breakout into the $16+ range into the $20's!

(If SAVA can trade at $50, it's not unreasonable to support the notion the AVXL should trade at $50, 2 times the MC of SAVA) (i.e. AVXL pipeline twice
as valuable as SAVA's)