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.
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.
Spot price jumps $1.50 over night.
Should see further gains in the short-medium term as Cameco's news is felt.
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STTCOMP BKY, TA Long (ASX: Berkeley Energia LTD ) SP: 77.5c MC:...
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