Anavex Life Sciences Corp (AVXL)

[123tom]

yes, I see that too.

and I'm hearing some insider intel people saying we could see a market crash coming when some escalation of global chaos happens. like the 3 gorges dam in china collapsing, the collapse of bitcoin, etc, or war somewhere, all part of the political war theatre happening. Investors might need to pay attention to the greater market and the global political developments going on.
As an Anavex investor, I certainly dont want to sell any shares at this point, but I know it can become a tricky path to navigate in these uncertain times. IF we see the market crash, what will happen to AVXL share price. a black swan could plunge AVXL back down to 10 and maybe lower. great news can surge it to 30 easily, and higher targets. It will likely go there some day but if we get a market crash before that happens, we will have a chance to buy crazy low prices when the bottom is reached. but it also takes cash/dry powder to be able to buy more.
The chart now, is showing resistance shoulders at 22/23/25/26 and 28 area. even here at 20/21 is a resistance area to watch. These are cautious times happening in the world now,and folks are well advised to pay attention to the greater market concerns.