GREY:ALXDF - Post by User
Post by
goldopportunityon Sep 07, 2014 3:17pm
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Post# 22913934
Imo, the ta and fundamentals of azx are pointing to.......
Imo, the ta and fundamentals of azx are pointing to....... a higher sp very shortly. Last week the sp briefly pushed up into the next trading box before falling back to the current C$0.060 box floor and then closing the week at the current box ceiling of C$0.065. The company is very well run showing a net income last quarter vs. a net loss last year. St downside risk C$0.060 with st upside potential to C$0.080 or C$0.085. Dyodd.
The hui, xau, gdxj either bounced off or came within a whisker of their 200dma. We should see a rally beginning this week that brings us back to the 50dma of the above gold indices. Fwiw: both the hui and xau still have opening up gaps lower down that may still have to be filled at some point. Jmvho.
goldopportunity