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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: ajtj99 who wrote (56435)4/7/2022 1:45:50 PM
From: ItsAllCyclical1 Recommendation

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ajtj99

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(edit) Then go ahead and short it. Every data point in the sector FA and TA wise is pointing higher. This is a laggard and it has huge volume today on the australian exchange. Managment is decent. For me this is a trader either way. I've had NXE, DNN and others from much lower levels. Maybe just play via URA or URNM.

There were many times over the past year where your TA read projected to much lower levels in energy during each correction. Again your style fits you and works well for you, but in isolation when a sector is moving as a whole I think it doesn't work as well in corrections and for laggards.

I don't know when but I strongly suspect BNNLF will get back to .25 in the next 1-3 months and .3 has a decent shot. For me that's a nice return. Looks like Uranium is going to 70+ on this move.

When this sector really lights up again I expect the laggards to outperform. BQSSF is far superior LT for quality and I think upside.

Bannerman on it's native exchange

marketwatch.com

Can see the volume better here. Again 1 data pt, but I don't see the sector running w/out this one breaking higher at some pt.
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