aussie mining bout to see a glory days recovery
minerals needed for climatechange technologies across the board, batteries solar wind nuclear also
think when the dxy finally lets up these are some of the best performers as we see a transitioned mining strategy in australia no matter who gets elected next cycle
big mining will be big winners in the coming years
DYL is looking good as it has bounced off the 200SMA which is also a good Support zone, and is consolidating currently. It has also broken the downward sloping trendine with high volume. I expect a swing higher with a target of $0.825 (potential 20% gain) with a tight stop below the swing low.
Please note these are my own notes, by no means trading advice....
Constructing a new mine is always a challenge, but under John Borshoff the odds increases heavily.
Despite the recent price run up, the stock price of Deep Yellow is poised to trade way higher as uranium spot price increases.
The Company expects to produce 2-5mio pounds of uranium during its first years, and is allocating its money in development and exploration...
this week urnaium miners
pDN and DYL have broken out.
good signal for the yellow cake
energy is needed for any economy to grow
with all these TESLA virutal signalling phonies there
will be more need for clean energy.
DYL , Big hammer on weekly in previous supply zone.rejected 50W MA.. Broke-Backtested-Rejected ascending triangle support.
Possible demand zone and reversal area indicated on the chart, watch for RSI support on this pullback.
After finding support on the trend line on the 9th and 11th April, DYL has found momentum looking forward again.
Daily RSI STOCH RSI and MACD all pointing to positive signs for Australian based Uranium miner. This area of $0.375 - $0.40 is where accumalation is and is going to be a major support level in the future as it is now. $0.40 must break to see a major...
Deep Yellow Ltd. is engaged in the acquisition, exploration, evaluation and development of uranium properties. It focuses on the exploration and pre-development activities in Namibia and Africa. The firm holds interest in The Reptile, The Yellow Dune Joint Venture, and The Nova Joint Venture projects. The company was founded on March 26, 1985 and is headquartered in Subiaco, Australia.
ASX
