Nobody appears to want to sell shares below $11. Today is just another game-playing day. Fireworks come soon and most people playing AVXL want to be on the long side right now.
Tom: I lean bullish at this point, so I think we might get a clearer view of the price action after reviewing both the institutional report which came due on the 15th and maybe a perusal of the short interest report which ended on the 13th, but late reported this coming August 24th...
I think the pattern looks super to me (but the market always humbles....lol)
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