Detected 19-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 19-Apr. ASX:BOE represents a potential bearish opportunity should momentum continue and newer lows be made. Suggested to await clearance of support level before entry into trade. Entry conditions: (i) lower share price along with...
Boss 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...
Two possible cup and handles (depending on your perception of the chart) but it looks like BOE is ready to go for a little run. Not Financial Advice!
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. 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. Do you own research
Watchlist Trading above 21EMA Price at an area of resistance, watch if it can break through Keep an eye on 7.4c level
Fundamentally strong Uranium producer. On short term looks bearish. (note: I am a rookie)