Anavex Life Sciences Corp (AVXL)

[sab63090]

At the risk of being wrong (again), I think breaking the sharp down slope AND falling into what is a prior support level ($11 plus or minus) increases the odds of a sharp rally.....that price level is very close ($11.70 the high of the last 2 days)...naturally not pre-market trading, but rather after 9:30 am

Can't tell what the traders will do, but I'll bet they are poised for the opening...

Here's the Weekly and note that the OBV on the weekly is about as high as I've seen it:

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=avxl&x=38&y=6&time=12&startdate=1%2F4%2F1999&enddate=4%2F11%2F2025&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=8&lf=2&lf2=4&lf3=8&type=4&style=350&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11