Replies to post #453975 on Anavex Life Sciences Corp (AVXL)

[123tom]

Following up on my post from yesterday...
We see the 5.40 resistance was sent right back down ... and the battle in this critical zone continues. Resistance overhead now is tightened at 5.20/5.30/5.40 , remains a barrier, and support here from 5.10/5.00/4.90 remains critical to hold. Was there bad news triggering the selling today? Lawsuit? Is it real, is it serious? Now would not be a good time for bad news. Let's hear what the fundy experts have to say now.
The next 1 dollar prize in play for traders here, is either a rally to 5.80/6.00/6.25... or... a collapse to 4.40/4.25/4.00 . Does the wind feel bullish or bearish these days. Where's your stink bid ? 😧

[Thehubby]

Tom
You are a genius stating AVXL needs good news to stop it from going down