Anavex Life Sciences Corp (AVXL)

[123tom]

There's not much we can do at times like this except try to find the lowest targets to buy, I always expect Avxl to get hammered to the lowest targets. And now, my main question is... when do we expect Any good news... that will stop the bleeding down game. We've seen this price bleeding pattern many times. Now, here might come the next one. The next 3 critical targets , pivot lows at 5.70 area and then 5.50 and 5 dollars. Is there any fundamental reason why the 6.00 step should hold strong now? The major big chart picture has the bottom zone at 5 dollars. And that would become the next chart pattern, changing from a bullish rally pattern to a neutral Range pattern... We got last year the rally, 5 to 10 and failing to hold at 8,7,6, ... falling back to 5, becomes a Range pattern, and maybe toward the 3rd quarter, if we see a rally climb back to 8,9, or 10 again, I'll be thrilled to trade that wave.