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123tom

11/06/24 2:16 PM

#473319 RE: ExtremelyBullishZig #473281

Yep, 6.30/6.50 looks like the new support zone to watch. Right now, bouncing against 8.10 resistance could become the failure point, and it could tumble right down to 6.50.
But I'm always looking for AVXL rallies to tumble down again. the previous one around 5.70 didn't tumble down , it bolted up.
If investors don't see the company developing good news, are you thinking this rally is really more technical?