Anavex Life Sciences Corp (AVXL)

[123tom]

@nidan... a good jump to start the day, climbed back to retest 5.40 but immediately sold down, and back down to test 5.20 support. Finishing the week, resting in neutral. Not much else to say, for the week. Weeks go by this way, sliding along. Waiting for news. February ended with a yearly Low at 4.80, and a small bounce to try and recover... ongoing ... needs to climb some more if we are to see the downwave pattern stop bleeding and turn around. First major recovery target in my view is 5.80 area. Not there yet. Critical support at 5.00 area must hold to keep the recovery momentum. The pattern will need to develop with higher highs and higher lows. Basic patterns to watch. 1 dollar trade wave targets at a time. Upward is looking at the 5.80 .... Downward is looking at 4.40. In the middle is the critical battle zone 5.10 to 5.30, where price sits now, ... waiting. 🤔 🫣