Post by
goldopportunity on Dec 09, 2017 9:43pm
Fwiw........
Alxdf closed at usd .048 = cdn .0617 (boc 1.2860 close)
Inside day all around. Two important and bullish things occured in friday's session:
1. relatively low 69K changed hands -- less than half daily, but more importantly less than 10% previous day's volume. No one was selling, validated the previous day's huge volume + print
2. friday's usd .0401 low was a titch over a full 61.8% fib retracement of thursday's volatile trading that saw a 30% hi/lo spread. Chartists like seeing this.
Bottom-line:
What happens monday? The closing axldf chart suggests to me the odds would favor sp trading within friday's perimeter on below average volume (maybe even lower volume than friday???). I think we'll see continued low-ball bids and #s, and a best ask around .048 max for most of the day.
So we'll see what happens. Enjoy your weekend, folks. Always stand your ground. Jmvho.
Jmvho
Comment by
goldopportunity on Dec 09, 2017 10:08pm
P.s. Insider walter henry has bought a total of 29K of alexandria since nov 27. goldopp
Comment by
goldopportunity on Dec 10, 2017 4:11pm
Hey m2 -- walter henry bought 3X more alexandria than you! Lol goldopp