Replies to post #4405 on 123Tom's TA study group

[123tom]

yes , we're seeing the same things..

both IPIX and AVXL

it can rally to 4.40 target zone.AVXL, My question is why did we see this big rally today? why are the financial powers in control of the price, allowing this rally, this high? what do they plan to do when they want to take it back down?

and the current AVXL playing field...yes, 4.60 to 3.30 with 4 dollars in the middle of the muddle. lets see, so that range would have swing traders buying below 4 dollars and selling the weekly 50ma. and the support shoulder that is developing at the 3.90-3.60/3.50 area might be a fair bargain to take a chance buying more. not so much the 3.90 now, but upon a rally peak at 4.30-4.60, then a pullback to 3.90 could be ok. but right now, with the current peak at 4.10, a slam down could fall to 3.75 at least. very soon. my stink bid at 3.65 could even get hit this week. Is LPC setting up their next 'purchase' ? watch for the slam down off todays move. maybe.