Opec decision, conventional survey results and forthcoming Icewine 2 spud should all be worthy catalysts to create some positive upside short term here. LSE:88E
Still no sign of a bottom and short to mid term market suggests nothing to change this. When market fundamentals change, will be a nice long term hold. NYMEX:UX1!
Looking to see if this trend line is broken & finds support at or around the 200MA (6p). Heading towards oversold, but wouldn't go long yet. LSE:TLOU
Still too early to go long on this one as premature to assume this is about to reverse. Has held the 0.50 area for a few sessions, so worth keeping an eye on it. LSE:KRS
Still in a consistent, long term trading range. Watching for the confirmed break upwards from 3.7p (will need hi volume to break 4p). Holding above the 200MA more recently which is keeping things tighter. Wait for now. LSE:JLP
Still on watch and waiting for the bottom. Tracks uranium spot price, so will follow that. At this stage no sign of market turning so suspect further falls to be seen here. To be followed in the light of the overall uranium market.
JLP has seen regular bounces from this very level and has so far traded within a habitual range. This level is the bottom of that very range, with signs of support yesterday and today's session so far.
This stock already had a pricey valuation on the run up after IPO. Following its year high it's been a slippery slope with little or no support and no below the IPO price.
Next stage of this formation requires completion. Major news flow due any moment relating to large scale financing package, leading to monetisation of DFS.
Indicators suggest over sold with support from 200MA. News flow due shortly relating to licence conversions/extensions on Jelai gold asset and Beutong copper asset which could buck a change in the over all trend. BK copper asset drilling updates also expected. Very tightly held stock and moves very fast when volume arrives. Good long term play for those wishing to...