Wednesday, March 3, 2010

AVXL

Here is an example of the Trend Model flipping Long before an apparent  (pending, not yet realized) breakout:


AVXL Weekly Trend Model


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.

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