1. Recent market correction did not damage ichimoku cloud bullish pattern. Fundamentally uranium market is strong. Good opportunity to buy more.
2. Bullish symmetrical triangle in making. Very close to break out.
BSK, which is a high beta play for anyone wishing to get exposure to uranium stocks, seems to lag the index.
While already been a stock offering a high risk-return tradeoff, this short-term lag offers a good opportunity to enter this market as, if the correlations persists, BSK should soon catch up with its peers.
