Yellowcake Plc - OTC:YLLXF - $6.64 ps - Potential Ascending Triangle with breakout and a re-test of underside support The beauty of all of these stocks is that the ETF has broken out into an upward trend and now some large and smaller Uranium miners are also breaking out with similar patterns of pennant breakouts and ascending triangle breakouts. We do...
Yellow Cake has broken its triangle formation which began in April 2022. There has been a retest at 398 although it is experiencing resistance at 448. The triangle formation in an uptrend is bullish. However, volume is low and, as a result, the breakout is weak. NOTE: This post if for education only and not a solicitation to buy, sell or hold. Do your own...
$YCA since 2020 We now have Higher lows, lower highs, the squeeze is ON.
To me, this seems to be very strong, as it trades 8% or so below NAV closing back in on #sput. The indicators are fully open, bullish? Noted 3 x previous RSI was much steeper moves - perhaps a big move to come? LONG.
Added some Yellowcake here for a ST trade - the 10% discount to SPUT has to be closed at some point!
It's the dawn of a new atomic age apparently. YLLXF breaking out of patterns and resistence to reach ATH. Worth watching and waiting to see for follow through.
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it is testing previous high and expecting a a bounce back to below 200pp and it would be a nice entry point