charts and analysis, page-78

I decided to join the I88 party bus in the last hour of trade today.

I completely missed the IPO shenanigans, ran the slide rule over it and came on board to will see where this one goes.

Price action so far indicates that there was a lot of FOMO upon listing with lots of profit takers walking away with good gains in early days. Then Nervous nellies sold into a stair stepping slide to below IPO price, so that will likely keep a lid on the SP for a while. Once when everyone gets tired of selling underwater and then folks switch into seeing the upside of an emerging uranium player step up to the plate and take some swings at their large prospects they have got on their hands.

The forecasted long term uranium shortage on the supply side for the next decade should limit further downside risks to SP so now that they have a bag of cash, they need to use it strategically and not be in a hurry to spend it all in the next 3 months. If only they could go the way of WA1. That would be nice.

DYOR