Deep Yellow Uranium... Symmetrical triangle forming nicely here. Uranium market is currently experiencing a healthy bull pack. Once we bottom deep yellow will make its move.
See if we can break through the cloud and retest as support. The longer we sit in 40s without testing lows in the 30s the more likely 100k+ becomes by the end of the year.
short term TP: 48300-49500
The FA for the entire uranium industry could not be more bullish. UUUU has added the rare earth processing element to its books which will prove to be a massive asset as 90%+ of all rare earths are processed in China.
TA wise I think we follow the trend through the ichi cloud and retest $6 as resistance. Would like to see it broken and the retested for push back...
Most uranium companies are following the same kind of trends after testing highs earlier this year. Looking to the $0.46 mark to start off the path back to highs. Uranium sector FA is extremely bullish and Fission sits on a world class deposit. This company has underperformed for quite a while due to negative news surrounding the old CEO as well as dilution....
Another cryptocurrency mining company projection. Based on my projections for bitcoin, I think we see a downturn with this stock to support and then bounce following $BTC to 50k. Love this company as a leveraged play on crypotcurrencies and expect to see above $1 before November.
KMD, while fording ahead with criminally underappreciated tech, cannot seem to make much progress on the charts. Simply follows $BTCUSD price movement. When we hit $100k+ bitcoin looking like we will top out between $7 and $20. Take your money and run from there.
Don't need much more analysis than to look at BTC/KMD ratios. It's all a guessing game beyond that.
This is dependent on the continued uptrend of BTC recovering from the crash to mid 20s. FA on ISWH is unequaled across miners as the company has concrete plans to become the second largest miner in North America. I think we see 6 figures for bitcoin in Fall 2021. We may get insane valuations for miners like ISWH. I am long.
I believe we have found a bottom with $CRON. Expecting a pullback to the trend line and then a visit to the main supply zone. I am bullish on this company through its dealings with $MO.
Finally after many attempts, GVXXF has broken out of the downtrend. I expect to retest the trend at around 0.10 once more before moving towards the next resistance at 0.17 - 0.19. The dips until we reach that resistance are for buying.
Looking like $FCU has found a bottom (broke out of the descending channel) as accelerated by the drop in the market as a whole in mid March. Next level to re-test would be the 0.12 and then a break to 0.15. While this stock has disappointed investors for quite awhile I am very bullish on this company moving into the next U bull market. LONG.
Break of 1.19 resistance level should take us to 1.40 and beyond. A closure of another mine due to Covid-19 will accelerate this movement. Coming bull market for U stocks.
Mcdonalds seems to be forming a nice symmetrical triangle continuation pattern. As symmetrical triangles can also indicate reversals, it is important to maintain a watchful eye for a breakout. Buy or short upon breakout in either direction. Until a breakout occurs I am on the sideline.
