It looks like strong rising support and weaking resistance has formed a bull pennant. If the trend holds and gets above the flag pole this could be continuation of the strong previous trend. This could be a great opportunity for longs. Good luck everyone.
This is an interesting find. the stock is one of those silver stocks that move with the price of silver. If you scroll up to the monthly screen you can see a very shallow inverse head and shoulders bottom. Then when you scroll back to the daily, there are layered bullish formation in tight formation. This is nice when you find them. We start with an adam and eve...
Adding this stock to my tracklist: no position atm.
Alexco Resource Corp. conducts mining operations and mineral exploration and development in Canada.
It explores for silver, lead, zinc, and gold ores.
The company's mining business activities are divided into two reportable segments: Environmental Services and Mining Operations.
The Environmental Services...