TSX:AX.PR.E - Post by User
Post by
DZtraderon Jan 19, 2022 12:21pm
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Post# 34333230
Trying to break out
Trying to break out
Trying to break out but can it do it and hold it with just the company in buying up the shares. Bigger question is, could it do it on its own, without the company in buying. Something tells me we would be a bit closer to the 11 mark on its own. I have been tempted to take a bit off the table here in this little run up but it does look like it wants to break out. It would be so nice to finally get out of this trading range. Time will tell but it's been so long now, might as well play for the break out. Not entirely sure how far we could run as there is likely resistance up around the mid 13's. Lots of overhead selling at that point I am guessing. Having said that, and this is a wing and a prayer, but if we could somehow manage to get through that level, we will finally have a real breakout on our hands and she's off to the races at that point. Not holding my breathe for that without significant significant news. Good luck and let's see where the company gets us today.