Deep Yellow is showing some support here at an important level. This is showing a classic accumulation cylinder pattern and if you want to look those up you'll see they end in a moonshot. Great stuff.
Overlay comparison of the URNM ETFS, big producers, mid caps and small caps.
Where is the value and do the madcaps to small caps have catching up to do?
DYL looks to be rallying again on the back of Uranium gains
There is a clear 5 wave pattern with no overlap of wave 2 and 4
Using Fibonacci extensions of Wave 1 from 4
Wave 1-3 from 4
And Wave 4 from 4
We end up with 2x key levels to watch for potential targets
I will be looking to scale out of some of my position around those levels
THE JAWS OF DIVERGANCE WIDEN
Both advanced developers... is it a case of USD v AUD Peso? Management style? Stage of development? Tax loss Selling? FID loomng?
Full disclosure, I own this stock as a long term investment since pre 2020
Currently has weekly demand level with bullish RSI divergence,
This chart also forms a bullish bollinger band reversal with a close outside of the bollinger bands and a subsequent close within the bollinger bands with divergence
I believe this stock is likely to increase to >$0.70c or...
Australian mining sector mixed up in the uranium narrative, I believe this is one of the ones with the facilities to refine uranium already but I could be mistaken..
Monster volume chart only green and dwarfing the 2009 era range highs volume, 500% if we return to the old range and the volume suggests we do in the coming 3-4years
Macd way oversold still and obv is...
$DYL.ax ASX:DYL
DYL trading above yearly open and weekly open. Also sitting above Weekly Mid range. Once Mid Range holds looking for price to move back towards range high.
Targets
Quarterly Open
Weekly range high
#uranium
FWB:LV1 ASX:OKR NYSE:BIT ASX:TOR ASX:WC8 ASX:DYL XETR:4DS NYSE:RDN ASX:LPM ASX:BMN
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly...
FWB:LV1 FWB:1AE ASX:TOR FWB:RR1 ASX:OKR ASX:WC8 ASX:4DS NYSE:RDN ASX:SXG ASX:DYL
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly...
XETR:4DS FWB:CNW NYSE:BRX MIL:ALA NYSE:BMN ASX:CU6 NASDAQ:ACB ASX:CPV ASX:DYL NASDAQ:BVS
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published...
energy/mining still looking fine for recoup post jaunary potential capitulation zone
would make for the trendline retest on this monthly chart i suppose
uranium facilities still will help to refine minerals needed for renewable energy, which will have to be implemented quite soon for anychance of climate stability aka habitable conditions to live in
Today Japan announced a policy shift on Nuclear technology.
Deep Yellow, a mid cap ASX listed Uranium company looks to be forming an Inverse HS.
Aggressive entry - 75c
Invalidation - 65c
Target - $1 - 1.15
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
