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RedShoulder

07/13/22 4:32 PM

#366063 RE: 123tom #366062

15 of the last 19 trading days have been green candles. A pretty strong trend, especially in this market.

https://www.barchart.com/stocks/quotes/AVXL/interactive-chart

sab63090

07/13/22 5:02 PM

#366065 RE: 123tom #366062

Hi Tom:

I agree with your view on where we are & hope that we are potentially perfectly set up for busting the heavy resistance levels of $13.50 & the nearby 200 day sma, but so far no cigar!

As far as the market breaking down, I'll reserve judgment on that....

The smaller biotech stocks seem to be a better bet....

Best, Steve