Anavex Life Sciences Corp (AVXL)

[oldandintheway]

The gap at $7.53 is getting close to being filled, much to my surprise.


The problem imo here is that as the nasdaq goes, so goes a risky non-revenue stock like AVXL. And looking at the compq chart, I see no support for another 20%, maybe 30-40% depending on one's interpretation of "support." All things considered (war, supply chain, civil unrest, handcuffed fed, mannequin in the WH, etc.), gun to my head, I think Anavex bottoms below 5 bucks.