Boss Energy about to do the nastyI recommend Boss Energy here, because it’s coming off a big bowl, and the upside target leaves good runway from here, into mid 2026, where you’ll want to sell into the highs, and chillax for seven years, before the next bull run in stocks begins. Trouble or shock in the market in 2026, probably aligned with the commercial real estate debacle, and bank panics due to 90% write offs, and mass insurance drop page, as assets “street price” plummet. How can you insure the hyper-inflated prices as an insurance company, when you know the quality of the underlying asset is poor?
But more importantly that that, Boss Energy is the only uranium stock that has been seen to outperform Uranium Energy Corp.. Concatenate any two miners together (UEC/BOSS), and you’ll see that UEC is the most bullish, and with the largest amplitude - largest potential. Others like UUUU move a lot, but have lagged. CCJ has been crushing, let’s face it, and it’s about to quickly double from here. Let the games begin.
BOE trade ideas
Boss Energy in the Pre-Production Sweet SpotBoss Energy (ASX:BOE) have made their final investment decision and are planning for first production of uranium in Q3 2023. Now that decision is made this puts them in what Lobo Tiggre calls the pre-production sweet spot. With sentiment in broad markets making '0 - Extreme Fear' and the follow through selling of URA Boss has re-entered my buy zone. If I wasn't already up to my eye balls in Boss I'd be accumulating here.
$BOE when they don't break down on volume, thats a nice signal. URA (U etf in the states) has been really strong, so interesting to see the heavy selling yesterday. Got me keen to see how it would act today, and didn't let me down. Almost broke out today on heavy volume. Break of 20.5 today and it might run. This is a long game on the U stocks. So look for pullback buys.
BOE running out of steam BOE running out of steam. Tweezers top pattern formed on daily timeframe at the top of the ascending channel. 4hr timeframe shows a bearish candle below. RSI is falling. This could drop back to bottom of channel.
Looks good to short now with a target of 0.130-0.120
For educational purposes only.
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