Replies to post #321806 on Anavex Life Sciences Corp (AVXL)

[WolfofMia]

Well the every day price does matters, is just not worth discussing every day.

[123tom]

I disagree with that idea

I do both trading and long term holding, and my number 1 focus is on buying the best bargain lows I can find. and if it goes surging, try to sell a little for profit at the technical tops.
but wait, youre saying about watching the intraday everyday price action? well you have to keep an eye on the price action to see what it is doing along the track patterns to targets. Today has been looking like it wants to make a double bottom around 20.30 and it has a chance. but the key resistance it has to reach for a bullish bounce, in my view, is 23 area. If it falters around 22, we could see another downwave start hitting the teens. I'm buying small pieces along the way down. might take some small profits around 26-28 area.