Are we ready for a new high?
.
My last post was in January when I had mentioned that I had exited at 59.5 from my buys at 43.5 as I didn't like the price action as well as macro. But I have been doing the Weekly Reports on AGE thread. And in nearly my every report, since January, I have been writing that the next decent rally may come in April. This is April. I had sold out most U stocks in January, started buying 3 weeks back. Picked a fair few EL8 at average 48.
.
Things were looking great before Friday, but Iran/Israel situation spooked the markets. CCJ made a new high on Friday - intra-day - but gave away the gains later. So a small question mark on a rally that was looking most likely. I still feel odds are not bad, but its individual risk/reward.
.
Key number for me is to hold 50 in case of weakness, or to make a new high above 68 on strength. Rest is all daily churn.
.
.
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.
.
.
https://hotcopper.com.au/threads/age-weekly-report.6580138/page-5#post-73331527
.
- Forums
- ASX - By Stock
- EL8
- EL8 CHART
EL8 CHART, page-611
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EL8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
38.0¢ |
Change
-0.005(1.30%) |
Mkt cap ! $117.2M |
Open | High | Low | Value | Volume |
38.5¢ | 39.0¢ | 37.5¢ | $74.91K | 197.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 62923 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.5¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 62795 | 0.380 |
2 | 91666 | 0.375 |
4 | 112063 | 0.370 |
2 | 50000 | 0.365 |
2 | 44006 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.385 | 40000 | 1 |
0.395 | 29360 | 2 |
0.400 | 45000 | 2 |
0.405 | 2888 | 1 |
0.410 | 40000 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
EL8 (ASX) Chart |