My last prediction held steady; we saw a breakout near when predicted (see related ideas).
However, it met resistance at $1.32 and fell again, coupled with $CCJ announcing the reopening of Cigar Lake, which took the entire sector down a few percentage points.
However, the lower-half of the triangle held strong. This brought forth a new pattern, which is...
There's no denying that $AI has taken a beating in the recent months. However, I am confident that we have reached the bottom(or at least near) and can start the road to recovery.
If today's reversal holds, I am confident that we have seen a Bullish Harmonic Butterfly pattern and can expect us to land back in the high $100s by EOY. Likewise, the Bollinger Bands...
$DNN is a long-term hold (see DDs from others), but there is some encouragement in the short term as we are seeing $DNN nearing the end of a pennant pattern. As of writing, the price is dangerously close to the bottom edge. If support is there, we will see significant upward movement in the coming weeks. Arrow is purely to emphasize direction, not PT.
