GREY:ALXDF - Post by User
Comment by
goldopportunityon Apr 28, 2015 10:49pm
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Post# 23674538
RE:Loving the volume
RE:Loving the volumeHey Poriemon -- generally, I think the catalyst is the confidence that the pog is going quite a bit higher in the next little while.
Specifically, alexandria had a very good session today on heavy volume with azx and alxdf both having their respective mfi spike. We'll see tomorrow if we have follow-thru heavy volume. If we do, then I would suspect something very positive is in the offing. The recent sp movements and indicators of both azx and alxdf, especially since last friday, have me speculating that maybe we'll finally get that long-awaited breakout before too long. Keep in mind that the 50 and 200dma are inching closer and closer to a potential default crossing, but I think we'll get a rising sp that pushes the 50 thru the 200 for a very bullish golden cross. I guess we'll just see what the rest of the week brings.
As an aside, I'm sure many of you feel the same frustration as I do concerning the seemingly endless supply on the surface ask. Okay, I know traders and mms want to squeeze every last share from the weak and impatient hands (that's their job), but this is getting pretty ridiculous. I would be very suspicious if we got a low-ball takeout offer now for say C$0.10 to 0.12. Jmvho.
goldopportunity