ALK 1.71% 57.5¢ alkane resources limited

Good afternoon,as said earlier 70 cents is the 100 %..but over...

  1. 11,850 Posts.
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    Good afternoon,
    as said earlier 70 cents is the 100 %..but over that i have.. 0.78, 0.81, 0.92..
    then we have the figure off the low from May 20th of .023 ..target atm is sitting at 1.13..but this will move upwards each day, whilst in a upward trend till hit..around one to two cents a day..
    there is one thing to take note of thats its 34 ema is sitting at approx 0.44 cents..today.. price can never afford to get to far away from its ema.....if price becomes like a one sided chimney, it has two options..it can either trade sideways to let its ema get closer..or the quickest way is to go down and get closer.. we will see..a retrace is always a great opportunity to top up she is giving us though, some great excitement
    have fun and take care as always
    ac



 
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