Today is the bottom of the recent fall, because:(1) The 50-day...

Today is the bottom of the recent fall, because:

(1) The 50-day EMA has held again, as it has done in April, May and July;
(2) The share price is right at the bottom of the Bollinger band;
(3) KAH has raised money to purchase more EXT shares, to keep their holdings to 40% after the (minor) dilution caused by the recent capital raising;
(4) Polo is selling down other assets, and may be raising money to buy more EXT;
(5) North American investors may be adding to their holdings after participating in the placements as part of the capital raising;
(6) There has been no news for a while and EXT always delivers good news, so when they do so the share price should get an upward kick;
(7) The short selling (up to 35%) in the last week appears to have petered out;
(8) The share price values the current JORC'd U3O8 at US$6/lb - but there is still 9km out of 15km left to drill.

There are probably more reasons. Over to you...