New uranium find has pushed Canalaska up 50% in a day. Wow! Downward trend channel formed in April 2021 and almost 3 years later it has broken out, pulled back and now rocketed with volume. 0.85 therefore seems achievable and 1.54 all time high could also be possible. As ever, this is not a solicitation to trade. Do your own research and you decide all aspects...
Breakout for Canalaska CVV Backed by big volume too Next resistance 0.86 and then 1.52 Wait and see if it can break to new all time highs in the coming years. All depends on Uranium futures and the company's performance.
The Uranium explorer Canalaska recently broke out of a downtrend and has completed a backtest. This was also recently added to AMEX:URA , the world's largest Uranium ETF. With rising Uranium prices expected to continue for the next few years, this one should do very well, especially if they find a mineable deposit. I am holding for the long term (1 year...
Is this a breakout for Canalaska? No retest of the channel yet and over head resistance at 0.67 and 0.84. In support: over 4x average volume on week commencing 25th September and a higher pivot high compared to Jul 22. WARNING: This is not a recommendation to trade. Do your own research and decide your own trades.
$CVVUF - Weekly - got followed by @CanAlaska - I am not holding this stock currently. As token of appreciation here is my view for this company. Price stayed in ascending parallel channel. IC - needs few confirmations for a farther advance. #uranium #UraniumSqueeze
Possible move to $0.50 (witch can be supported by 50 MA)and then bounce back up to $0.67 area-price control zone (middle)of the uptrend channel and it is also corresponds to the previous high ,if it breaks up pass the $0.67 area (previous high witch will be resistance ) then we can see it moving higher. Look at the CCI alert (purple and red vertical lines on the...