Oklo…. $8.40…. Looks like a good speculative buyFloated at $10.00 back in July 2021, share price did nothing for almost 3years. This March it took off and hit $18.00 then tanked to $5.30.
The share price the took off again rising 27% last Friday after constellation Energy’s announcement that they were restarting 3 mile Island nuclear power plant and sell the energy to Microsoft.
Oklo has hit the first Fibonacci retracement level and consolidated.The company is planning to build small scale Nuclear fission plants to power server centres, early days and currently loss making but SAM Altman is the Chair of Oklo.
I’m looking at the next Fibonacci level as the next target.
