Replies to post #712 on Biotech Ideas

[gfp927z]

Xena, The current AVXL chart setup looks poised for a possible bounce up to 4.50. The longer term chart is not so good, but as a short term trade the chart looks interesting. But ultimately the longer term chart is suggesting a return to key support at 2.50. But just a guess, and will depend upon news flow.

I remember Anavex somewhat from years ago. The CNS-neuro-psych subsector has long been considered one of the riskiest areas of biotech. We called these stocks 'widow makers', but occasionally one will find success. I eventually switched to the cancer sector, specifically the 'armed-MAB' space, but ultimately picked the wrong horse -- Immunogen rather than Seattle Genetics (Seagen). Both were eventually acquired, but SGEN had phenomenal success, much better than IMGN's. These days I only follow biotech very loosely. It's still the 'wild west' of investing, and mainly for gunslingers imo.




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[gfp927z]

Xena, Btw, you mentioned eating lots of dairy. If you are still experiencing lung congestion issues, one thing to keep in mind is that dairy is widely known to strongly stimulate mucus production. So something to keep in mind. I used to love milk, yogurt, cheese, but unfortunately it created too much congestion, and I also had a reaction to the casein protein component (face breaks out).

While lactose intolerance exists, Dr. Gundry says it is actually very rare, and what most people are experiencing is a reaction to the casein protein in the dairy product. Casein A-1 type is usually the culprit, with Casein A-2 type dairy being much less of a problem. Casein A-2 is also found in goat milk, sheep milk, buffalo mozzarella, etc.


>>> A1 beta-casein. Milk from breeds of cows that originated in northern Europe is generally high in A1 beta-casein. These breeds include Holstein, Friesian, Ayrshire, and British Shorthorn.

A2 beta-casein. Milk that is high in A2 beta-casein is mainly found in breeds that originated in the Channel Islands and southern France. These include Guernsey, Jersey, Charolais, and Limousin cows <<<


https://www.healthline.com/nutrition/a1-vs-a2-milk#definition


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[gfp927z]

Xena, AVXL moves up though the 50 MA, so with luck the next stop may be the 4.50 area (mid-May high). That bullish setup yesterday was classic. The only thing somewhat lacking in today's move is that it could use a little more volume, but maybe this afternoon.

Not sure if you are long AVXL (?) I don't know much about the company's fundamentals, but was just looking at the chart.



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