Wednesday, March 10, 2010

AVXL Updated

AVXL was written up on March 3rd at $2.85:

A move above $3.00 would bring create a lot of open sky on the upside.  On the other hand, the stock is bumping up against massive 12-month's worth of resistance here.  You think this game is easy?  Call this one right.




Missing element is volume here, but the cost of waiting for higher volume might be a higher entry price.  Faith comes with a side of risk (or vice-vesa?).

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