what an idiot, avxl is nothing more than a spec stock of a company that may never earn one penny, hasn't since day one, but has burned through a lot of money, the one thing it has been good at
there are now no meaningful gaps on the daily whatsoever, bullish stance as long #$%$50 ish holds, the pullback from the 7 ish black candle oversold bounce of over 100 percent low
you to look at the entire candle,not just the body.
want an open gap, see efut, kbio
perhaps, but the 5.50 has held as the low
i wonder how many realize a bull flag is downward sloping?
on the daily, the macd bars have shrunk from the depths, the line itself is now sloped up, the rsi flat, the drop from 7.00 black candle on the huge bounce held right about where it sits, ie 5.50 as a retrace. needs to hold this area, and needs some volume. pure and simple, a spec trading stock
as i recall they also received some 4 million shares through warrants pre the financing deal of september.
back in july i believe, likely sold and banked
timing is everything with momentum stocks that have no earnings,and smart shorts add on the way down, ie add into already winning positions
seems to me, you have a dbl, .64 times 4 is 2.56, times 2, good thing you didn't sell on the way down from 14. might have gad some real money
boy are you naive, kbio dropped from the 40;s to the 18 s like a lead balloon, ditto aezs from the 15's to the 7's