Anavex Life Sciences Corp (AVXL)

[ExtremelyBullishZig]

The only thing I see wrong with that picture is the $10ncap on approval. When am AD drug is approved. It will generally catapult to what AD drugs are worth. If it is an approval without conditions, since it is Europe and not the U.S. I would expect $100. If it were the U.S. it would add $15B to $20B to the market cap before coming down a little to settle. If it is conditional, it means as long as it proofs to be safe and just as effective as the EMA considers it, it will be eventually approved fully, so I would give it a $50 to $70 price.
I am leaning between $1.25 to $2.25 price after the December decision and meaningless CTAD pump.