GREY:ALXDF - Post by User
Post by
goldopportunityon Feb 17, 2015 11:29pm
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Post# 23438448
fwiw.....
fwiw..... today alxdf in the states sold off on today's pr with the heaviest volume in around 5 months and closed at the low of the session. But don't be discouraged, be very much encouraged.
You see, the take-away today was that the last remaining up gap was finally filled, and on heavy volume. This probably means u.s. traders will now "allow" the sp to start rising. Imo, it's no coincidence that we've had heavy supply on the ask, while alxdf still had a pesky up gap remaining.
So what happens next? Well, azx needs a bit of a jolt here (like the u.s. sp today) so I suspect the sp could dip to C$0.040 tomorrow on relatively heavy volume. If this happens it will mean the MMs on the surface bid (they're on the surface sell too) will most likely get filled. I'm thinking we finally push past C$0.050 for good before the end of the month. So let's see what happens. Jmvho.
goldopportunity