CXU 5.00% 3.8¢ cauldron energy limited

Will we get a new high next week?.After a first break above 4.6...

  1. 4,120 Posts.
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    Will we get a new high next week?
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    After a first break above 4.6 and reaching, hopes are open for a new high above 5.8. Friday was consolidation/back test. The only problem is that US indices got smashed on Friday on fear of Iran/Israel war. Though CCJ made a new all time high, it retreated later (more in my weekly report). So now there is a question mark, which on Friday was looking much smoother. I am still hopeful that we may overcome this hurdle as U macro is going strong, U stocks have to do a new high in April based on pattern. So although there is no certainity, and after Friday, odds may have slightly reduced, but based on my reading, odds are still better that it may happen rather than not. But anything can happen in a panic, so please dyor.
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    Personally, I added a lot of oppies this week. Was waiting for some heads, but it didn't reach my number. At this stage I still feel I will be buying, but I always say that I follow price action, so if that is not looking good and I do otherwise, please don't bash me - some stocks I get hammered for selling, on Friday people used so many names to ridicule me after I sold one stock, even though I had sold at a number which I had previously told I will sell at, people are so petty, but its human nature, I can understand.
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    For those interested how stock is tracking against other Uranium stocks or who hold multiple Uranium stocks, I do a Weekly Report across 34 ASX U stocks for more than 3 years. It has got Weekly/Yearly data how stocks are tracking. Also figures for last year. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore.

    Here is the report for this week.
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    https://hotcopper.com.au/threads/age-weekly-report.6580138/page-5#post-73331527
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3.8¢
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Price($) Vol. No.
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
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