... Meaning It's Bounce-Time  As promised yesterday, here's this morning's trading idea....Avanir Pharmaceuticals, Inc. (AVNR). A couple of traders have recently pointed out that its recent decline looked and felt far worse than it actually was. Well, as of yesterday, all the business the bears intended to take care of seems to have been done; the torch looks like it's been passed back to the bulls.  After brushing the 200-day moving average line on Wednesday (after filling in the partial gap between $3.47 and $3.70), we saw AVNR perk right back up and close up near its high for the day. The intra-day rebound further validates the idea that the bears only needed to burn off a little of the excess created by October's big bullish gap. A revisit of the 200-day line - a key support and resistance level - did the trick. If past rebounds at the 200-day moving average line are any indication, there's actually quite a bit of upside that could play out here, Take a look at the weekly chart to see what we mean.    We Value Your Feedback Got comments, questions or suggestions? Send 'em on over: Email the Editor If you wish to send a written request or inquiry, please send it to our physical address: TGR Group, LLC  4653 Carmel Mtn Rd  Suite 308 #402  San Diego, CA 92130   Share the SCN Newsletter If you find the Small Cap Network Newsletter informative and profitable, please forward our newsletter alert service to like-minded friends and associates who share similar market interests.   Ensure Newsletter Delivery To ensure newsletter delivery, you can add any additional email addresses you may have to the Small Cap Network Member List. Receiving the Small Cap Network Newsletter in multiple locations is the best way of making sure you don't miss the next investing or trading opportunity! For web based email addresses, the Small Cap Network recommends @yahoo.com or @aol.com for timely and reliable email newsletter delivery.   Change Your Subscription Settings