Picked up a nice amount of $WSTRF this AM. It appears it outperforms $DNN - sale was over on Monday. Both are great companies. Left side WSTRF/DNN RIGHT SIDE DNN/WSTRF.
#URANIUM
$WSTRF - I am uber bullish for this company. However, we need to consider this possible scenario on a weekly chart. If this is a cup and handle formation then we are in for a pull back before flying to the moon. It does look like we are approaching overbought RSI and Stoch. Just my 2C. Get some dry powder ready in case there is an opportunity to add more.
$WSTRF had a strong move on a relatively profit taking day in #uranium sector. It appears it will peak in $2.90-$3.10 area. Would be a good idea to take some off the table. Today's action was a breakout along resistance line that goes back to 11/2018
At first I drew the lower diagonal and was like s**t it’s going to drop, but then I realized I needed to draw the upper diagonal that it broke and basically retested. Phew! Looking good ;-)
Charted as a request from a follower. Triangle in play. Resistance zone above but much thinner volume in this range than the heavy support volume in the smaller zone below. I am neutral bullish here and would take a long position. I would suspect that it would continue to challenge the resistance zone above often. With an increase in volume or catalyst of some...
WSTRF is US micro mining stock with two valuable metals with upward pricing.
WSTRF
Uranium Oxide and Vanadium Pentoxide
Mkt Value is micro at 47M, so going upward based on its natural ore resource assets.
Was down near 32-33% and up 21.5% today.
Play with own money, no advice given. Do own research on high strength steel and nuclear power (no CO2 output)...
