Replies to post #11049 on 123Tom's TA study group

[sab63090]

Yes, that 1st link you provided was the one I was looking at yesterday and my lower level was the 50 day...which, at least, held for that trading day....overall, my opinion of Missling is now at a point where I agree with some of those pointing a damning finger at him, I would prefer the middle finger; is this guy a "flim flam man"???

The 2nd link is surely possible as is the still open gap around $5.50 to $5.75

I seldom even look at 5min, 10min, 15min, or 30min charts....maybe the hourly action....but these no longer apply to my comfort level...

Trading is hectic and tiresome....and for young guns not old fogies...lol

Thanks for your efforts here....you don't have to worry about well managed companies like HD, WMT, COST, and others...this is more suitable for a very speculative portion of your holdings, imo.

[Citrati]

Agree that hourly has some upside potential, but currently setting lower highs and shrinking volume.
That said, the daily 100period currently at 7.16 is still down angled and will likely give resistance. 7.50 to 8.25 is a lot of resistance with down angled 200period at 8.01 likely to play a role. Without some strong news the most likely scenario IMO is AVXL tops out in that zone somewhere, if it hasn't already, and then best case is sideways range bound. Holding 6.50 is a big deal for positivity and strength on both hourly and daily charts IMO.

Here is my hourly.
https://stockcharts.com/h-sc/ui?s=AVXL&p=60&yr=0&mn=0&dy=25&id=p57356143402