Replies to post #352427 on Anavex Life Sciences Corp (AVXL)

[LakeshoreLeo1953]

Valid TA point.
Tight stop loss allows for further deterioration.

Hopefully the $7 crowd doesn't lose their $M club membership.

[sab63090]

Vango54

I like that you are using the weekly chart, it gives a somewhat calmer look.

Also, in faster moving markets the EMA instead of the usual SMA is good, too.

I'm watching here and a very good trader (JC Parets) likes various patterns which I like (a slightly lower low for a double bottom).

Also, I am now keying in to the recent $XBI low which I mentioned earlier...btw, I was dead wrong the last time I though the $XBI had bottomed....so, I need to see if this time is different (lol).

Best of luck

[ExtremelyBullishZig]

Anavex s value is $1249...just sayin.

[123tom]

the 200 ma looks like the next target