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Re: Kentucky123 post# 416719

Tuesday, 05/23/2023 10:32:26 PM

Tuesday, May 23, 2023 10:32:26 PM

Post# of 461951
Actually, if you look at a 6-month chart of the XBI you'll see that AVXL should be above $10...so I think it's way undervalued (oversold) right now. (See 1/12 thru 1/31)

If the XBI continues to break down, I agree that AVXL could fall further. But if the XBI hangs tough--like it did today!--I fully expect AVXL to continue its climb above $10.

We should know which direction the XBI is heading by the end of this week.
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