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STTCOMP BKY, TA Long (ASX: Berkeley Energia LTD ) SP: 77.5c MC:...

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    STTCOMP BKY, TA Long

    (ASX: Berkeley Energia LTD )
    SP: 77.5c
    MC: $201mil
    Cash: $100mil (approx)
    Shares: 258mil Top 20 87.65%

    Daily Chart
    Breaking out of long term down trend today whilst continuing new uptrend.
    MACD cross and RSI confirmation.

    Screen Shot 2018-07-27 at 11.01.16 am.png

    Uranium ETF
    big bullish candle on high volume after Cameco announces indefinite suspension of McAuthur River Production.
    Removing 18mil lbs of supply from market and will be buying on spot market to full-fill contracts.
    Screen Shot 2018-07-27 at 11.46.05 am.png

    Spot price jumps $1.50 over night.
    Should see further gains in the short-medium term as Cameco's news is felt.
    Screen Shot 2018-07-27 at 11.48.26 am.png
 
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