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URA Uranium resources plc licence renewed, was waying heavy on share price, 200ma provided massive support again. Fancy that.
Small bull flag sent the move above bear channel, true?. I think so.
This chart is weekly chart showing the overall massive pattern - the smaller patterns are still in play.
In my own opinion this major pattern still favours 38-49p as a target.
Broke out of bull flag resistance is high of move dotted blue, failure to break will see retrace. Positive break of R! and confirm will see much higher.
FBT add/long at last post of flat bottom of move, approaching trend resistance.
No idea what is up here - this is a no volume share, no float. Just noting the patterns.
Major support trend just below, however I feel this little flat move could hold, hence my adding at this level.
No advice intended.
In my own opinion.
I am only commenting on the chart - I do not know what is happening behind the scenes
Such a tiny free float that any trade moves SP goes for buying and selling. Interesting move chart wise.
Popped through the top of bull flag today, needs to settle 2 days above this point to confirm B/O
May come to test lower support 8p area Still long for the massive major pattern.
Came back to test the original channel breakout. Would like confirmation by making a HHOM
Flag building - may breakout which would see a good move north.
Action in this flag - I am expecting a move soon.
After breakout of original channel sp came to back test the channel, this may happen a few times, failure of this support will see sp revert back to original channel trend support.
No comment - chart looks bullish but that be from the lack of liquidity.
Broke out of the wedge, now flagging F Flag (Oscar can take that one)
Nice support from trend and MA 50 and eventually 200.
Break above 1p will have me even more interested.
I noted the breakout of the wedge and then what has now become the F flag (Oscar yours).
Held above 50 and 200 with support
Obvious break of 1p mid will get me more interested