ALK 0.79% 63.0¢ alkane resources limited

Wonder what the impact on $AU will be. More downward pressure...

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    Wonder what the impact on $AU will be. More downward pressure will be positive for $AUPoG.

    Gold has been rising for weeks. It has jumped nearly $AU1000 in a year -- that's a pretty major signal.

    @acouch might need to revise the forecast for Monday.


    https://hotcopper.com.au/data/attachments/6101/6101109-ccf15ac00d1e51b73c09a619f09d51a1.jpg


    For years shorters have held ALK in check, now they are all but gone. Is it time for a reversion and a positive rerate?

    https://hotcopper.com.au/data/attachments/6101/6101126-363ea770b4679bc0bee7fc34cbf02c03.jpg


    On a one-year chart, it looks like POG has pulled ALK upward. We now have a bit of a breakout -- will it become meaningful?

    https://hotcopper.com.au/data/attachments/6101/6101114-23b40d8d1a3c14ed028c24605719727b.jpg


 
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