GREY:ALXDF - Post by User
Post by
goldopportunityon Mar 02, 2018 9:03pm
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Post# 27655030
Fwiw........
Fwiw........Alxdf closed at usd .066 = cdn .0850 (boc 1.2891 close)
Alxdf was volatile again, closing near its low. Although volume was considerably higher (albeit lower than average), today's close actually marked the third consecutive week of lower volume.
Azx was down a half-cent on lower volume, but higher volume on the week. The cdn .09 surface bid got taken out a few times but everyone stayed calm and cool.
No news, no problem. Everyone knows there's a helluva lot of news about to be released in the next little while. So we're all just sitting tight. You could say today was kind of an average day: alxdf was volatile, azx traded between cdn .09 to .095 and both stox basically had low best/surfacet bids and #s with high best/surface asks and #s. And today they even had something else in common: the time of the last trade was 3:08 pm. So not one seller for a full 52 min before a weekend close. Sounds bullish to me.
Bottom-line:
So what happens on monday? Alxdf's closing chart tells me the odds are pretty good that we'll see a bullish reversal with the sp closing higher. Azx's closing chart indicates the sp will most likely at least test today's high intra-day.
So we'll see what happens, folks. Enjoy your weekend knowing all will be told in fairly short order, and I suspect in rapid succession. As usual, stand your ground. Jmvho.
P.s. Tks currower for the kind words last night -- much appreciated. :)
goldopp