An important week coming for the stock. And maybe for the sector - all U stocks.
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U sector is doing great. U stocks very well. AEE has come alive. It wants to get over CR price of 18, I feel. And I have a feeling it will do so.
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Personally, last week I wrote that I had exited AEE. In hindsight, that was premature. It did well after that. I don't get all right, and this one I didn't. U sector and stocks make 100/200% gains, and then give away, not only that, but much more, so I apply caution, take profits. May not be best play, but has worked well. I don't maximise, but its all about being in the front. AEE is played by big holders. The volume is such taht they can easily doe 20/30% swing without any issue. But works on downside as well. But currently I have a feel, they want to take it to 20s, at least so that CR holders are in front. If U sector behaves, if CCJ gets over 57, that may certainly happen.
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Personally I am watching, more U sector than AEE, as I feel AEE may follow that. But I may buy, when, at what price, I don't know. So lets see.
This is what I have written about U sector in my Weekly Report this week. Anyone more interested in other sectors, general markets, etc, look at my other posts around the weekly report, as I write that on one thread only.
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- Uranium Sector overview - I have been writing for last few months months, May end top, July end bottom, September end top. I had written we may do highs in September end/October start. CCJ reached 52 yesterday, a gain of over 50% in a month (it was 35 on September 6). So that has played out exactly as I thought. I am no Nostradamus. I have been writing about Uranium stocks for over 3 years. I do the numbers, weekly/yearly etc. This is the 4th year in a row that September has seen the highs in the Uranium sector. May not be scientific, but its a pattern. I follow patterns. They don't always work. But sometimes they do. The did this time. And I may have been lucky once again with my call. So will CCJ do a new high above 56.24 or do a back test of 45 - which one will happen first? I don't know. U sector is very bullish, Spot price stable. Sentiment good. So the rise can still happen. Only problem with a continuous rise is that if consolidation doesn't happen, when it comes back, it drops big. Its been rising for a month, most stocks have gained average 50% (some more, some less). I have taken some off the table. For 2 reasons. First i feel a consolidation/back test may happen, not sure but odds are even. Secondly Li sector started coming back. U sector had risen. So I thought, if Li sector does well, it may do better. There are lots of ifs, no guarantee. I will buy back U stocks I sold, I am not sure about the timing.
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Last
15.5¢ |
Change
-0.015(8.82%) |
Mkt cap ! $128.1M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 15.5¢ | $128.1K | 808.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 250434 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 244034 | 0.155 |
8 | 503866 | 0.150 |
2 | 16503 | 0.145 |
4 | 161571 | 0.140 |
2 | 290010 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 100000 | 1 |
0.165 | 26408 | 2 |
0.170 | 259090 | 6 |
0.175 | 65000 | 1 |
0.180 | 499750 | 6 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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