we are on our way to $1.165 minimum - but I believe we will well overshoot this level during this move, especially if good news flows which is DYL specific
the DYL weekly chart shows it much cleaner than the daily viz:-
https://hotcopper.com.au/threads/the-squeeze-is-on.7311690/page-251?post_id=69300733
(PS if you download the Trading View app you can use Trading View “free version” which provides much more functional charts than bigcharts.com)
SPROTT is also on the move again - you want to have your seat at the table once they start buying again ……
this is one insanely bullish chart because it consolidated at the highs of the breakout move (see red arrow above) and is now again moving higher. Normally one would expect a retrace (from the red arrow area) after such an initial breakout via the likes of say a flag pattern before continuing higher
Sprott is important because when it trades at a premium to NAV it can then raise cash and recommence buying physical lbs on the spot market which will propel the spot price much much higher
we are at the beginning of one massive uranium bull market move, there is nothing to do now but sit back and watch it all unfold
THE SQUEEZE IS ON, page-310
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Last
$1.38 |
Change
-0.065(4.51%) |
Mkt cap ! $1.333B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.45 | $1.33 | $26.11M | 19.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11773 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 176183 | 1 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| DYL (ASX) Chart |