Anavex Life Sciences Corp (AVXL)

[123tom]

It's a good marker to watch for, the 200day and
50day lines,are showing the next level where support and resistance look more critical in the big picture. We'll need a rally to get into this area, and then see what the pullbacks do.climbing up and down the stairs. But we can step back and watch the big long term picture now, we need to see now, the lower support around 6.00 area Hold strong. The rally, in my view, needs to climb to 8.00-8.50 area ultimately, and then the pullback to test the 200ma/50ma would become the next
major test for price action. This is what a bullish recovery pattern would start to look like. 👍️