GREY:ALXDF - Post by User
Post by
goldopportunityon May 20, 2015 5:27pm
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Post# 23747295
3rd consecutive day of slowly rising stairstep volume......
3rd consecutive day of slowly rising stairstep volume......and today's pr reconfirms once again just how valuable azx really is. Downside risk looks to be today's low of C$0.045. No up gaps need to be filled in both cdn and u.s. charts. Stos and wm%R holding just above-to-mid 50 range. Rsi a titch under 50 and positve cmf coming off recent highs. Macd and mfi look beautiful on weekly chart.
Plus, we still have the steady narrowing of the 50 and 200dma. It would be most logical to speculate that the sp will rise and result in the 50 punching up thru the 200 and form a very bullish golden cross. In other words, no default cross. Look at the volume levels in the next few days (it's one of my fave indicators). Jmvho.
goldopportunity