Anavex Life Sciences Corp (AVXL)

[123tom]

I had bids set in the docket ahead of the moves... at 8.00 and they got filled this morning as price opened down to test the 8 target. Bouncing up from there confirms the 8.00 as a basic target. A simple trade to make. My next bids , small pieces. is set now around 7.55 and we'll have to see if it goes down one more step into this bottom zone. I'm looking at basic chart patterns and targets. Buying a little here at 8 was basic.
Later on, in the next upwave, what target to sell.... have to watch it play out along the way. Maybe 10.50 to 13 area. If we see major upwave surge like great news driven... I'll be watching for targets 15 to 18.
But right now, it's bottom fishing time.