123tom's post that show his full assessment of AVXL:
This post was when the stock was testing its highs. Notice he explained the wave theory that could, in wave 5, take the price above $1.70, $2.50, and target of $4.50
But before it begins a Wave 5 rally...it needs to finish the sideways Range of a Wave 4...Its possible we are seeing a zig zag sideways wave 4 developing...and this big volatile zone from 1 dollar to 1.67 could go back and forth a few more times.
The Posts below are subsequent to the price Top. Maybe you missed prior post and are reading his comment of the sell off wave 4, and interpret it as negative, but his charts have been pinpoint accurate so far.