Trading thoughts and ideas
Analysis of a wide range of stock, commodities and FOREX charts.
Specialized in gold and silver small-mid cap mining companies.
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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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