GREY:ALXDF - Post by User
Post by
goldopportunityon Jan 24, 2018 7:19pm
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Post# 27427968
Fwiw........
Fwiw........Alxdf closed at usd .07 = cdn .0863 (boc 1.2341 close)
Alxdf volume of 93K was substantially higher than yesterday. Sp traded in a one cent range. St techs continue to bullishly zig-zag at upper levels. MM idiot cantor stil in there like a dirty shirt with that 224K at usd .07.
Azx was the big party pooper with sp down a cent. Most of the day's trading at cdn .08. Just over 2K traded at .075, and that was towards the close. 2nd consecutive day of lower stairstep volume. St techs range from lows to bucket levels.
Bottom-line:
Alxdf's closing candle suggests the odds would favour sp trading with today's perimeter.
Azx's chart suggests the odds favour sp will rebound, maybe up to .085 intra-day.
Looks like the mm idiots in both stocks will continue to try and squeeze the last of any remaining weak and impatient hands. The alexandria no-news vacuum has temporarily afforded the idiots an opportunity to take advantage of some sheeple who don't understand why other gold stox have risen but ours hasn't, especially with gold up smartly. Quite simply, all boats don't rise at the same time. Traders latch on to early rising stocks while putting in stink bids on quality laggards. Then they sell their winners and rotate into the laggards and subsequently sell on the upswing. Then repeat. Like it or not, that's basically the cycle of life in all stocks.
Ok, let's get back to gold. The u.s. treasurery secretary apparently said in an interview that a falling greenback would be good for trade and the economy. Wow! How's that for talking down the dollar, and just before trump's meeting in davos this week. Now today, gold opened gap up. Cme gold/silver shorts probably didn't like that. I'm wondering if sooner or later gold revisits the low 1340s to close this am's gap. But thinking a few weeks into the future, it wouldn't surprise me if gold trades above 1400 within a month.
To sum up, I think the ball is in azx's court. The alxdf idiots have beautifully orchestrated very bullish st techs. The azx idiots, meanwhile, have gotten a bit too greedy, and the st techs are all at lower levels. Frustrating, especially with last week's and monday's good accumulation momentum. But on the positive side, we have tons of room for upside potential. So I think idiot cantor on alxdf is signalling to the azx idiots to get your $ss in gear and start chewing thru cdn .09.resistance. So all eyes tomorrow will be on azx.
So we'll see what happens. Continue to stand your ground, folks. Jmvho.
goldopp