1) retail/investor sentiment is terrible imo Personal observations From social media to friends to even myself ... The drama The volatility The fear The overly optimistic You name it... Have all contributed to an anxious tired eyes half open type sentiment Some hold small positions waiting for confirmation Some are all in at much higher levels and won't be buying (likely taking profits/losses ASAP causing friction of it moves up Etc
2) The volume isn't so great This can open up an easy set up to trigger panic selling (the gap could fill)
Why is retail important? That's a matter of opinion that id rather spend time explaining At this stage, retail is very important
If AVXL proves itself Retail will be chasing, wishing it realized it's unique position of opportunity before it became exponentially more valuable Jmho
I've personally been accumulating for awhile now
No way I won't take the gamble at this point in time Waited too long to just fall asleep