GREY:ALXDF - Post by User
Post by
goldopportunityon Aug 24, 2017 6:16pm
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Post# 26619255
Fwiw........
Fwiw........Alxdf closed at usd .053 = cdn .0664 (boc 1.2529 close)
Gotta love that volatility! Today we saw about a 20% swing between the session low and high. We pushed through usd .05 st resistance and closed right at the 50dma.
The mm idiots once again failed at a manufactured fake-out low to usd .045. And, as expected, they continued holding back their bid #s and placing them lower. But this is actually very bullish as the wider the best bid/ask spread, the more the scavengers want your hard-earned shares.
Bottom-line:
Our next resistance level to conquer is the .056 st high from last week.
The mm idiots #1 job is to steal your shares by whatever unethical (but legal) means at their disposal. They figure there still has to be some hapless and scared retail out there. The mm scavengers truly abide by one very simple principal: buy lower, sell higher. We've been their "buy lower" guinea pigs for the last several months. But we're now about to embark on a "sell higher" journey. It won't be a piece of cake going higher either as there will always be drama (i.e volatility).
Alexandria is in very strong retail hands. The mm idiots know it because they're pretty much locked and loaded too. Believe it or not, the idiots will actually be our "friends" on the upside. But it won't seem that way a lot of times because they make their money trading, and they'll always need to "steal" your shares to trade with. So we'll zig and zag as we go higher. Remember, the idiots feed on your fear and greed. So continue to stand your ground. We'll see what happens. Jmvho.
goldopp