I agree. While still bullish in the medium to longer term, I would still trade the stock.
Sold and 12.5c, 13c and some at 13.5c when the stock failed to push above 14.5c and more importantly when it failed to stay above 14c. In hindsight should have sold all at 12.5c but kept a small portion. Hindsight is always easy.
Now reloading 11c and also 10.5c. I can see NUH touching 10c and possibly go below 10c in the short term. Was tempted to reload at 12cents when there was strong support at this range but held out since my theory is "Stocks never remain stagnant. If it does not move up it moves down". If I can get an additional 20-25% for the same outlay then I am happy.
Seem that the volume of NUH has quiet down as well so the market is definitely waiting for news.
I am hoping they will announce their major distribution partners (both wholesale and retail?) and what is the next batch of numbers they expect to produce now that the early orders are being shipped out.
On the last part concerning a "breakout".... I hope we get to see this sooner than later. Uranium stocks in general has also seen a breakout in the past 2.5 months but that is purely trading as 99% of them will never produce anything. Then again making money on the stock market is simply "buying low and passing it to another person at a higher price" and does not matter how its done (whether fundamentals or pump and dump).
NUH Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
(20min delay)