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AnishBadwe

200 EMA Crossover repeating itself + Great earnings expectations

Long
Anavex Life Sciences Corp. (NASDAQ:AVXL)  
AnishBadwe Updated   
NASDAQ:AVXL   Anavex Life Sciences Corp.
Trend Analysis Chart Patterns Technical Indicators canada USA usequities Stocks stocktrading Earnings
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trendanalysis chartpattern indicator canada usa usequities stocks stocktrading earnings
The 200 EMA crossover has occurred again! This time we have positive expectations of earnings as well. A good recipe for gains.
Keeping the analysis simple.

Target price: 3.5+
Comment:
Stop has been placed at 2.61, below the downtrend's low.
Comment:
Things not looking good as AVXL failed to hold above the 200 EMA for a second time.
Trade closed: stop reached
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