IsoEnergy has broken out above previous resistance, any consolidation or backtest would be an excellent buy point in my opinion. Next Friday 2/9 is Cameco's earnings call where they are expected to revise production targets down for 2024 due to numerous operational issues. That's what Kazatomprom did today and the whole uranium sector was on fire. I wouldn't...
One to watch. Still has a bit of work to do. Squashed between the 200wkly and heavy resistance. Has captured the Daily 200. Watching for it to break and hold the 236.
In the Uranium market, to keep all atomic plants going, the offer must improve. There was a good interview on Kitco News explaining the current movement. These low prices are not even worth mining for some companies and not enough volumes of Uranium are on the market as a result. All Uranium stocks I've got on my watchlist grew significantly with ENCUF and ISNF...
Iso energy is flexing its muscles again was up 13% at some point during a day. Stochastic crossed over to an upside but RSI need a breakout. We have few resistance lines along the for a price action. We are still below 50DMA.
This chart looks healthy. The price has bounced off 50DMA for 6 trading days. We are still in uptrend. All indicators are above Green ichmoku field which is a good sign. Ascneding pattern is at 22 degrees.
Quick simple uptrend channel and consolidation view. Short term consolidation and weakness visible. Longer term with fundamental support buy zone consideration. Higher lows maintained at this point. Simple technicals on a long term fundamental thesis. Interesting to me that a share count increase on September 30, 2020 marked a low point. Increasing stock price in...