Market Scheming

Wednesday, June 1, 2011

Moved out of TSX: AXR (Alexco) into TSX.V: ENW (EnWave)


7.20 to 8.22, I decided that there is not much upside left so it was time to get out.  I will be looking for an entry point near the end of the week. 

EnWave has formed a base at 2.10-2.12 and is looking to move higher.  I will look for a small gain by thursday and exit while AXR pulls back.

UPDATE: exited EnWave at 2.10. As stock didn't look healthy enough to move higher.  Thursday close @ 2.03


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