ALKANE RESOURCES LIMITED stock discussion
ALK had relatively good earnings considering the current climate making $50.54 a very realistic possobility.The overflow from
RTX seems to be temporarily overshadowing this due to the dent in confidence so this may be a unique buying opportunity. That along with the current volume trend makes it prime to enter the $84 range.
ALK In the monthly chart, the price failed to break out above 0.93. There is a possibility that it may retest support at around 0.58, which could be a 20% decline after breaking the weekly support at 0.715. 