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oldmystic

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oldmystic

Re: frrol post# 457724

Saturday, 04/27/2024 10:23:29 AM

Saturday, April 27, 2024 10:23:29 AM

Post# of 458803
"Technical analysis is a windsock not a crystal ball." Carl Swenlin

In the chart posted below, notice that in the period labeled A, the 1.618 projection of the initial decline from 31.50 to 16.50 predicts the intermediate term bottom around 7.20. Applying the same logic to the periods labeled B and C predicts a low of 2.85. The trend channel suggests late May or early June.
AVXL Monthly Logarithmic: https://invst.ly/14kwmi
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Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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