Presently, we have retraced approximately 100% from the May 13, 2021 low. A drop to $5 would be about a 124% retracement from that May 13 low. And, a $5 price would be a 100% retracement if you measure from an earlier $5 low to which you refer. Hopefully, $10 support holds. Anavex selling is overdone, but nothing says it can not become even more overdone. I think it is best we just wait and see what happens next week when we hear from Anavex again (November 9).
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