BOE 2.58% $4.54 boss energy ltd

An astute move. BOE definitely has the momentum due to its near...

  1. 2,136 Posts.
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    An astute move.

    BOE definitely has the momentum due to its near production cycle, but my question is, how much of that has already been priced in, in the short term. Obviously if U308 retakes US$100 then it would be hard not to swing with the momentum regardless of the question.

    Gold has broken out, so your position there is high probability, subject to some volatility. Its due a retest on the break out before the first target of around 2450. Any un-hedged goldie is worth at least a look if the management and balance sheet look ok.

    Silver Quarterly LOG chart is retesting resistance again (10th time on the 3M), so it will be very interesting if it closes above the line EOM. Its part of the overall Commodity complex, which Uranium belong (a western/eastern divide and securing of energy = economies).

    Good luck!

    https://hotcopper.com.au/data/attachments/6042/6042655-68b5f5c56b713c0d6770d061ba30cdb3.jpg
    https://hotcopper.com.au/data/attachments/6042/6042659-7b1348073970e25b8bd5fad72c1efd34.jpg

    Last edited by JoeSalami: 19/03/24
 
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