Replies to post #468842 on Anavex Life Sciences Corp (AVXL)

[123tom]

I love how no matter what I say, about the price action, ...there are always 3 or 4 people who automatically give me dog poops,clowns, and devils. These are people who must be unable to watch and understand what price is doing...even as I describe the picture and the pattern targets days and weeks ahead of time. 😑 But it's all good.
Watch the price action. Right now, watch where the bounce goes. And watch the battle at the next resistance zones. It's all about support versus resistance. And the mm controlling the price within a range.

[123tom]

5.80 resistance retrace target area gets hit.
Quickly, in one day. Then zigs down to test the 5.50 area for support. Very technical looking price action now. So the math measurements are making a predictable pattern at the moment. I'm watching the battle now between resistance zone (5.70/5.80/5.90) and support steps (5.55/5.45 area)
More determined selling force could achieve another dollar down. Conversely, IF... Buying force holds strong at 5.50 area, could propel a 1 dollar climb back toward 6.50. 🫣🎱🤔