The resistance formed on the former run up is still the ceiling here. It is clear from today and yesterdays trading anticipation has waned. If the news is not NEW and does not add additional excitement/substance then it is highly likely the ceiling will hold. Without new news it will then likely drift or fall lower until there is something new to anticipate or equilibrium is reached between buyers and sellers. No bio maintains its price at this stage of the game when a period of quiet occurs. Right now it is about the fundamentals and how they are viewed that will determine direction. Just how it is. That is all Tremors has indicated. Don't read more into it than there really is. The surest way for the market to take someones money is emotion. This is the way it is whether one is TA oriented, FA oriented or anywhere in between. All the TA does is help define the odds and offer potential entry exit points. http://stockcharts.com/h-sc/ui?s=AVXL&p=D&yr=0&mn=2&dy=0&id=p07789682582 One view only of one time frame, but it shows the situation.
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