EL8 2.06% 47.5¢ elevate uranium ltd

EL8 CHART, page-611

  1. 4,243 Posts.
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    Are we ready for a new high?
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    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.
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    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.
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    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.
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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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Last
47.5¢
Change
-0.010(2.06%)
Mkt cap ! $148.0M
Open High Low Value Volume
48.0¢ 48.5¢ 47.5¢ $175.1K 365.9K

Buyers (Bids)

No. Vol. Price($)
13 205287 47.5¢
 

Sellers (Offers)

Price($) Vol. No.
48.5¢ 10042 1
View Market Depth
Last trade - 16.10pm 06/06/2024 (20 minute delay) ?
Last
48.0¢
  Change
-0.010 ( 0.02 %)
Open High Low Volume
48.0¢ 48.5¢ 47.5¢ 131174
Last updated 15.59pm 06/06/2024 ?
EL8 (ASX) Chart
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