Full Disclosure, I own this stock and have done for years since 2017 BKY is triple listed in Spain, London and Australia, but all charts are breaking out now at a monthly level This triangle is massive, and the top formed back in 2007 so this pattern is a multi year breakout There is likely going to be a retest of the trend line, but wouldn't be surprised to...
I have a beef with BKLRF. Berkeley Energia owns a huge uranium property in Spain. How do they expect to mine uranium in Western Europe? Doesn't make sense. Neither does the price action... too overextended. Utilizing Fib retracements for the overall pattern as well as nearer term, it looks like the price is entering the 'short zone'. I'd say it never makes past $0.50.
$BKY capital destruction when a stock has permitting issues with the incumbent Government , Authority, Landowner or Indigenous tribe. There is no need to speculate big in the most risky stocks in this space, they are all high risk anyway...
Waiting on news catalyst no doubt, one to keep an eye on