The action that took place at $12.61 just before 10:00am was really strange. I believe that huge 80K+ share block was sitting at $12.61 for most of the first 1/2 hour of trading and then once the price hit $12.61 it all executed immediately and then the price dropped nearly $0.25 over the next 5 minutes or so. Since then, the price has bounced around in that range and is now back up to that $12.61 level. Could this level become a new "floor" for AVXL? I guess we'll see when we look back later this month...
thats correct, the support held at 12.40 did you see the chart I plotted 2 and 3 days ahead of time. The price came down right to the spot I plotted at 12.40 and Held ok. You cant do better chart work than that. Good luck to you.
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