Ironically , i think the oppies are STILL excellent buying at this level...
IMO .70 is conservative for the headstock (short term) , soon the BAUO will trade at more of a premium.., for the leverage they offer , ie the gap may close up more than 20cents, bear in mind that BAUO are currently at a discount to the heads less the excercise price.
So , if you take .70 and minus say .18 you get .52 ish...
this is a massive premium on .27 which i hazzard a guess you will buy them for on Monday..!!
The Uranium sector is threatening to steal the show , just as the CBM sector did last week , but dont be distracted..
IMO this is a REAL opportunity to load up on the Oppies... cld be one of few last chances..
Technically the stock is not showing any real signs of a slow down or a reversal...
MACD is still diverging and the MA trend is very positive.
worst i can see happening are some healthy red candle retraces towards the STEEP MA and then it shld just bounce straight back up with blue candle action..
Its looking really good...
Very few plays offering as safe a leverage VS risk as BAUO at present , ie Low risk , High leverage
perhaps only SXPO
BAU Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
