Replies to post #330257 on Anavex Life Sciences Corp (AVXL)

[123tom]

Not bullish so far

I'm almost as peeved as you are.

You know when a big surge happens like avxl got fast to 31.50 , its not uncommon to see the retrace fall back 50 % or more even. It didn't seem so likely several weeks ago when there was bullish energy and support steps at 20 to watch for. Now we're watching the bottom of that support zone struggling to hold 17.
The 50% haircut targets from the glorious tops are at 15.75 and 14. Waiting.