AMEX:AXU   ALEXCO RESOURCE CORP (CANADA)
29 2 1
Looks like I might have been a bit early on this one. Primary 2 can go a whole lot deeper but I anticipated the potential for a shallow retrace. Breaking down today.

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Notional path, pending price pattern filling in better. I would trail stops, raising them just below recent lows, if trading short term.
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Nice reaction off the top of this box. May re-enter soon. Targets modified to reflect projection of recent low.
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