GREY:ALXDF - Post by User
Comment by
goldopportunityon Jul 13, 2017 5:37pm
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Post# 26466849
RE:RE:Fwiw..........
RE:RE:Fwiw..........Hey LRG -- yeah, yesterday we almost had a cent gap between the 2 tickers after currency exchange, today alxdf and azx closed at virtually a deadheat.
I've been noticing alxdf is finally starting to stir a bit. Sure, it had an inside day but this was the third consecutive session of stairstep up volume on the daily. The idiot MMs have still drawn that trading perimeter of usd .05 to .06. But, we're seeing a gradual and distinct larger build on the best bid vs a stagnant best ask. Let's see tomorrow if we can close that down gap to .0594.
Azx closed up a half-cent to close at cdn .07 on a very low 112K. But, after weeks of declining stairstep volume it looks on track to finish the week stairstep up. Same goes for alxdf.
Bottom-line:
I'm a volume guy and it's telling me that alexandria will soon be knocking on upside resistance very shortly. This would mean we'll start to be chipping away at usd .06 on alxdf and .075 on azx. Now it might not happen tomorrow, but I sense it will happen very soon. So we'll see what happens. Jmvho.
goldopp