Replies to post #4948 on 123Tom's TA study group

[Citrati]

IMO it was a stop running day whacked on top of weakness and the algobot obliged to grease the drop.
Fear spread and the bounce got sold hard.
Fear factor enhanced by what F1ash said about trials.
Closed below that 3.33 low so anything is possible tomorrow.
I did not get any yet. Would rather be a few cents late than see more weakness plus another stop run.
If people think no substantial news for another 30 days they may just take the loss this year and buy back next year and start again.
Hard to predict what will happen just yet. Is this it (large volume capitulation?) to make a bottom or does it get more oversold?
Closing the week under 3.50 and it looks to become resistance on the weekly chart. (200day)

[F1ash]

and why did this happen to AVXL today ?

Because they finally admitted that “three trials starting in 2017” was not true.

It’s only one in first part of 2018.

Rett’s

Parkinson’s in a limited part of EU (maybe mid year)

Alzheimer’s is a big question mark.