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Post# of 11444
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Citrati

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Citrati

Re: oldmystic post# 11049

Tuesday, 11/28/2023 11:07:15 AM

Tuesday, November 28, 2023 11:07:15 AM

Post# of 11444
Agree that hourly has some upside potential, but currently setting lower highs and shrinking volume.
That said, the daily 100period currently at 7.16 is still down angled and will likely give resistance. 7.50 to 8.25 is a lot of resistance with down angled 200period at 8.01 likely to play a role. Without some strong news the most likely scenario IMO is AVXL tops out in that zone somewhere, if it hasn't already, and then best case is sideways range bound. Holding 6.50 is a big deal for positivity and strength on both hourly and daily charts IMO.

Here is my hourly.
https://stockcharts.com/h-sc/ui?s=AVXL&p=60&yr=0&mn=0&dy=25&id=p57356143402
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