Replies to post #348953 on Anavex Life Sciences Corp (AVXL)

[abew4me]

Quote: "Presently, we have retraced approximately 100% from the May 13, 2021 low."

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Indeed. AVXL hit a 1-year low on May 13th at $10.01 and gradually moved higher over the next four weeks.

It finally broke through $15 four weeks later...which started a new leg up over the next two weeks...culminating into our all time high of $31.50 on June 28th.

So, from the low of May 13th to the high of June 28th took exactly six weeks.

Let's hope the $10.01 low holds so we can duplicate this rally and hit another all time high six weeks from today. The clock starts now!

Cheers.

abe

[123tom]

yes...I'm mostly watching and waiting.