Replies to post #338814 on Anavex Life Sciences Corp (AVXL)

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123tom

I liked your post! several observations:

Notice the Elliott Wave Count on the decline from the 8 day white candle advance to spike high which never hit 13 days to complete, now gives a 5 wave decline to the recent low, if I'm correct, which "might be" a spot for a rally.

Also, the Tom DeMark sequential on various indexes, etc...is at around 6 or 7 days for a "set up" at 9...completion this Tuesday, maybe? Completion at 13...we'll see.

This drop was below the 1st ledge of support around 17+ and we are now hitting the 2nd ledge....who knows? The Shadow?....lol

Don't know how this works out with Missling's end of year forecast for data, but I did see Dew Diligence's post on his Biotech Values iHub MB that both Perceptive Advisors and OrbiMed (both very respected biotech investors/hedge funds) are having a lousy, lousy year....ouch!