123Tom's TA study group

[123tom]

AVXL chart picture

Its still a little strange looking to examine these prices in the 20's and looking at bargain targets at 18, its all so new for the new AVXL cycle. but here we are now....and the math is wanting to call 18 a bargain. even 20 as a bargain. But last time the price collapsed from 28 to 11. This time, I dont think it will repeat that. Bargain pullback zone looks to me like 22 to 17. Its closing in on 22 now, but
first lets see what resistance at 25 does. 25 could fall down to 22 in these kind of new price patterns. 28 fell to 25, then 26 to 23, then 22 .50 can rally to 25 and 25 can fall to 22, then 24 can fall to 19 before the dust clears, and we finally reach the target zone for "bargains" . 17/18/19 area. or maybe 20. Who knows how low they will push it down.
before the big money says thanks, I'll buy that price.

looking at a pullback zone