Anavex Life Sciences Corp (AVXL)

[123tom]

It's always been a trading/investment for me. About 25% trading/ 75% holding core. I always wish I took more profit at the tops, but thats been hard for me to do.I am still a believer in the science. But now very cautious about 2024.
Now, I'm going back to reexamine the chart from 2020... in that range from 5 to 2 dollars. We could be revisiting that bottom zone once again. It's always easy to see in hindsight, the decisions we " should have made " , like taking much more profit at 30. But now we're watching the downwave bleeding to try reaching the bottom zone again. Hasn't there been any success at all? Would it not be reflected in the coming bottom zone that develops this year? Or will the price just be driven back down to 2 dollars .It just takes more trading work to navigate.and more patience to exercise. 5 dollar double bottom is being tested now. Below that lies the lowest bottom zone , 4.50 to 2.50. / 4.00 to 2.00
Ultimately, only good news will stop the bleeding down game. Here at 5 dollars is a big target on the chart, a double bottom. It's a key place to watch the price action closely now.