I hope you find my analysis useful. From what I can see, price seems to be holding within the trend channel (bullish sign) The moving averages are beginning to cross, and as you can see in the past, when that occurred, price rose (bullish sign). Price needs to hold above the lower trend channel and break past the .786 fib to confirm bullish price...
I hope you like my analysis. Very risky stock to invest in, but with potentially big upside in the scenario that there is good news from the FDA in future, which could conclude with a 3-4month Phase 4 trial (CRL) and see the price action head towards 8.60$, after breaking through previous resistances and fib-levels on the way ... this is in order to respect the...
If AVLR hits 144 I would take some profits. Already hit some key levels for me and I sold 50% of my holdings, due to uncertainty in the overall market. I may sell another 20% of my holdings if $144 is reached. It'll be very "oversold" on the RSI and I think it has a high probability of pulling back to the original, major trendline . Right now it seems to be...