Alexco Resource Corp (AXU)

[dingocub]

I'm still sulking that I broke my own rules and got burned yesterday.
Buying at the peak at $1.98 >> Greedy pigs get slaughtered and my bacon got cooked..

Need stronger Voodoo.. Moving on to my magic 8-Ball and chicken bones. If Silver holds above $19.25 and doesn't surge forward in the next few days..

I would say $1.72 is my Low Back in Target > I think anything below $1.80 is gonna be good for us.. Gonna be a short Correction IMO
They may try to close that gap at $1.67 but I don't think that will happen unless it happens for 10 minutes in a quick drop to grab stops!

I see no reason for us to regress much further than that.

The big question will be if the general market crashes in August what will happen with the miners.. Don't know myself, but until then..

Which means we still could see $1.50 again at some point before September..

Expect much of the same the next few days > Looking for Friday entry or Monday for timing pending on how things shake out next few days.