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sab63090

06/03/22 11:16 AM

#362253 RE: tredenwater2 #362252

Let's hope that the $XBI can bust resistance right here and help $AVXL to move higher! Both seem to be lacking a strong bid from anyone now.

I was not encouraged with the article about Michael J. Fox and his medical conditions and declining health...it's also a wake up call that he currently is not expecting anything to help him; surely he has helped sponsor trials and has information relating to $AVXL (that's a bummer)

"10" looks like the same as "13" now, so although everything is lined up, it has failed with each and every attempt, so the bet now has to be on the spike low and this area as a potential/possible support. Volume pretty much stinks with no one in a hurry.
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plexrec

06/03/22 11:58 AM

#362259 RE: tredenwater2 #362252

"Crossing t’s and dotting all the i’s."--have to say that is "the German" in him ! Richtig und Nicht Wahr ??
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Talon38

06/03/22 1:39 PM

#362265 RE: tredenwater2 #362252

Tred and Nidan....one of the problems of AVXL's valuation is the current WS view of the companies involved with the Alzheimer's drugs. When looking at the history of Biogen, Cassava and several others, investors are becoming conservative and demanding "show me" in this sector of biotech. A measured approach like Anavex's frustrates traders, but will pay investors in the course of 2-73/3-71's development.