InvestorsHub Logo
Followers 319
Posts 15904
Boards Moderated 0
Alias Born 01/02/2010

Re: None

Monday, 03/25/2024 3:40:00 PM

Monday, March 25, 2024 3:40:00 PM

Post# of 11387
4 year low for AVXL. Down channel on the daily continues. Weekly chart has room for more down as does the daily channel.
This action will not be halted by a chart. IMO, it is an issue of company fundamentals.
Sure the daily upper channel down trend line could be tested, but what is going to actually reverse the trend? Positive news of a fundamental nature will be required. JMO.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.