Replies to post #66769 on Anavex Life Sciences Corp (AVXL)

[JB3729]

2.75 is the 200 week moving average.

[xodcode]

No flaw. Weekly chart. 200 unit MA means lots of data weighting the 200 day MA is older than 1 year.

[ven69]

Sorry about that. The chart I had was the weekly chart, I wouldn't go off of the weekly 200dma. The daily 200 dma is at $5.55 and the weekly 200dma is at $2.75