Anavex Life Sciences Corp (AVXL)

[Anshu2]

Yes, there are always situations where low volume at bottom can mean:

Selling has stopped
Buyers are being cautious — waiting for the braver souls to buy first. Then, the stock rises slowly.

But — avxl has gone down to 7.5-8 multiple times … so to me, it doesn’t look good at all…

But technical analysis is only statistical or speculation. Plus, in long-term, technicals have zero significance. So doesn’t matter to me.