where did you get Feb 22nd from ?
No sites indicate that date.
Bloomberg has an Earnings Calendar and they are usually right.
i thought we were there last month when it held $5.30 really well for several tests ran to $8 than started dropping further back. trades so think it only takes 1 operator to swing this any direction they like.
with yesterdays close above the 10SMA, todays test to see if she holds. I think she holds and we begin a new trend back upwards. I could be wrong, But i gotta make some sort of call and thats it, close above the 10SMA.
wait, wait please wait. all of a sudden does somebody know something?
What is there to know?
AVXL has the only successful AD treatment available and suddenly thats news ?
Thats what I see happening here. They are getting rid of BOD that will vote against a Google B/O. With BOD cleared out, now they can sell the company
Requested an official PR on ER date, I have had good response from IR at other companies in the past so maybe they respond here. I think lack of firm ER date might embolden shorts from to not cover as long as possible. a Pre announcement of an ER beat and raise might come along with the ER date.
Ill give them 3 days and If they dont respond I will try them again
the10sma line was support and tested many times, until it broke thru, now its resistance and tested many times. support at $3.25 can fail, especially when every time its been tested volume was not explosive.
for not knowing what i am talking about, its sure reliable and has made me 400% gains just this month alone, trading options. trading AVXL stock is like watching grass grow, everybody has their own beliefs as long as mine keep paying me, thats all that matters.
this is part TA and part experience talking.
Knowing that some where around $3 give or take 20 cents, there has to be a bunch of stop loss orders under $3, it wont take much selling to trigger those, if that happens this could drop towards $2.50. On these light volume days ive seen that happen, when no one is standing at the bid MM can just flood the ask and start the cascade, I think chances are above 50/50 that they try to trigger those stops IF the stops are in fact there. They have level 3 and I dont, so i cant see the stops. But I believe thats where they would be placed.
With no buyers here, support is vulnerable.