That shaded box, starting from January.19th, was most likely somebody accumulating.. But it looks like the usual suspects, that being: Sabby Management Altrium Capital Empery Asset Management CVI Investments all somehow managed to miss out on this one at the exact same time, because according to the their end of year 13-G reports, they all reported 0%...
AVXL seems forming a inverted flag formation. Seems like it is ready to go down further. We think it is a good day trade opportunity. Break of 2.87 will be a good entry point & target is 2. Our initial stoploss 3.23 but we will lower as it goes down. "You can check our detailed analysis on AVXL in the trading room/ Executive summery link...