ALK 1.20% 42.0¢ alkane resources limited

Ann: S&P DJI Announces September 2021 Quarterly Rebalance, page-36

  1. 5,184 Posts.
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    It is heading for that gap at 75 cents, hence my target zone of 78 to 82 cents buy in once bottom is confirmed.
    That is not in place yet, so more waiting to do here and short term pain on PoG to come
    as growth expectations got halved by all major investment houses in the US, from 7 down to 3.5 %

    Morgan Stanley expects a 15% drop in major indices.
    That should create some short term drop in PoG and some real attractive entry levels on the stock, basically mirroring our run from mid 70's to 1.20, which is to be repeated once PoG strongly appreciated in a more subdued and challenged market after expected correction.

    Job market not ideal yet either in the US, which delays tapering maybe slightly, but probably not substantially.


    all signs are lit for a strong buy on this stock soon

    all IMO
 
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Last
42.0¢
Change
0.005(1.20%)
Mkt cap ! $253.4M
Open High Low Value Volume
41.5¢ 43.0¢ 41.5¢ $488.0K 1.160M

Buyers (Bids)

No. Vol. Price($)
2 112937 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.0¢ 81016 3
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Last trade - 16.10pm 28/08/2024 (20 minute delay) ?
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