Anavex Life Sciences Corp (AVXL)

[Citrati]

Not likely to go after 200 period on a daily, without very strong news, until VbP bar resistance plus 50 period and 100 period ma's have been dealt with.
There is also more support confirmation needed at the 8.11+ level. Price shot through a declining upper BB which usually leads to some kind of consolidation between the midline and the declining band if price is going to hold strongly enough to begin pushing the upper BB higher for a bigger move.
Trend and momentum are liking the higher support idea, however it still needs confirmation.
Just my opinion on what part of the daily chart is showing.

For those with stock charts accounts, this is one of the daily views I watch.
PS: traders should have already been preparing for a pop as +divergences were growing for several days.
https://stockcharts.com/h-sc/ui?s=AVXL&p=D&yr=0&mn=6&dy=0&id=p91145250152