Tom, thank you for your continued effort in doing your best to bring clarity to the price movement of AVXL. The pull back of the last two days appears to be a retest of the prior low. Monday is important for the bulls to hold above the prior low or produce a very strong rebound. Due to the oversold condition I expect a bounce.
From a psychology standpoint I feel very uncomfortable. That usually means we are near a low. The Russell has been consolidating for the past several months and looks ready to turn. JMHO
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