Replies to post #492005 on Anavex Life Sciences Corp (AVXL)

[Bourbon_on_my_cornflakes]

I guess $9 is where Friday's option expiration is targeted.
OK with me and my puts sold for $8 strike price

Return of 8.86% in a month. That would be 176.8% compounded over 12 months if you could do that every month. Seems like a more lucrative business than holding AVXL.

[123tom]

That's what a resistance target zone can do. This current one is here around 9.10-9.30, the previous one was around 8.15-8.40. Now that area 8.50/8.25/8.00 is "supposed to" become a support area. Let's see what happens next.
We could see bullish momentum hold around 8.70. And 8.50 would be a little more neutral. as I see it. But 50 or 60 cent pullback is basic.

[USAFpatriot]

It fizzled big time? But earlier today georgejjl said it would rise big time into the close 🤷🏼‍♂️.