GREY:ALXDF - Post by User
Post by
goldopportunityon Aug 04, 2017 6:21pm
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Post# 26549944
Fwiw.......
Fwiw.......Alxdf closed at usd .058 = cdn .0733 (boc 1.2638 close)
Look at the weekly chart. For 19 weeks in a row the sp has closed at or above the 50 week ma. And the 50 is steadily rising. Very, very bullish. Essentially an inside week w/about same volume.
Now look at the daily chart. 2nd straight day of declining stairstep volume. Wednesday I think will prove to be a turning point as (try as they may) the mm idiots failed to generate a follow-thru sell-off after wednesday's unethical and terrible print. So yesterday and today we've had consecutive lower volume days, with closes either at or just below the highs of the week -- very bullish.
Also bullish is the wide spread between the .0507/.059 best bid/ask. The wider the spread, the more the bidder wants your hard-earned shares. And don't pay attention to that 205K at the .06 ask by canaccord....it's pure bs. It's the same tired scare tactic used by the slimeballs up here in camada on many gold stox It's a phony wall that's only meant to scare unsuspecting investors into selling.
Bottom-line:
The fundamentals of any stock eventually trump any and all manipulation. And I think the continued buffo assay #s from this week's pr further confirm that alexandria is really the real deal. As in genuine and legitimate. Well, since that great pr the other day, it appears market forces are now very much in play, folks. We're seeing even fewer people wanting to sell and a sp that trades near the highs of the week. The only noticeable supply is the phony supply from the mm idiots.
I suspect that next week we'll be trading above that .06 wall. So we'll see what happens. Jmvho.
goldopp