123Tom's TA study group

[Citrati]

So far the fast ema's continue to push price upward with $$ inflows supporting. The box in green now becomes the focus for price movement. Could still test the blue box again, however momentum and trend still want some more upside. For today and tomorrow the 100period needs confirmation that it can become support. Resistance increases significantly from here (7.20's) to 7.62. Watch to see if 7.29 remains the high of the day today and how AVXL closes. If price can keep going through 7.62 then the 200period and longest/strongest VbP zone look like formidable resistance at 7.98ish, give or take a few pennies. We shall see. So far so good on this move.

Green Trades.

https://stockcharts.com/h-sc/ui?s=AVXL&p=D&yr=0&mn=6&dy=0&id=p58722411539&a=1544258022