GREY:ALXDF - Post by User
Post by
goldopportunityon Jun 12, 2017 5:58pm
132 Views
Post# 26354384
Fwiw........
Fwiw........Alxdf:
- closed at usd .065 = cdn .0871 (boc 1.3415 close)
- outside down but sp recovered to close unchanged with 188K traded
- lots of drama in last hour with 10%+ swing between low and high
- last half-hour or so we finally saw an uptick in best ask to .066 -- bullish
- closing .055 best bid means wide cent+ bid/ask spread -- bullish
Azx:
- closed at cdn .08 -- in fact, every trade was at .08
- mm 07td did around 93% of the day's buying -- bullish
- continuing gradual build on the bid from mid-am on -- bullish
Bottom-line:
Alxdf and azx both continue to straddle their respective 50dma. Each has their 50dma fast approaching their immediate st resistant levels (think: today's closing prices). In other words, this stealthily rising 50dma will prove to be yet another of the many bullish pivots that I calculate will propel us to higher stock prices as soon as the end of this week.
So continue to stand your ground and we'll see what happens. Jmvho.
p.s. goldhunter11 and LRG -- thanks for calculating the additional oz in the ground -- that's a helluva lot of gold!
goldopp