Anavex Life Sciences Corp (AVXL)

[123tom]

Looking at the S+P and AVXL

it was correlating closely with AVXL price action today, just about identical.
a good hold at key support points AVXL 8.45 held and then 8.68.
The magic hand of mister stock market lifted AVXL up with it. Will there be a final target for this rally at the resistance that triggers the next major cycle down, maybe a market crash coming? This major retrace resistance zone for AVXL is 9.00-9.25-10.00-10.75 area and for the S+P 500 its 4200-4300-4400.
S, do you watch the world political economic stresses at all in your outlook?
China Realty corporation, Evergrande is defaulting now. could trigger a chain of falling dominos. I'm also watching the political war theatre between China and Taiwan. as a trigger signal. Wars and threats of war and generating market jitters.