EL8 3.66% 39.5¢ elevate uranium ltd

Welcome Hawzo, I haven't been here that long myself but see...

  1. 183 Posts.
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    Welcome Hawzo, I haven't been here that long myself but see where we are currently as good support from 49-52c.

    For me it appears like we need a close above 64c and then 70c as a bullish sign to head back towards the ATH. The highs of mid Sep (13-17) match up with the U Spot price heading towards $50 so just need some patience here. The 50 day (grey line) is currently at 52c which it's bounced off a few times when looking at the chart. Just my opinion and relatively new to charting so take it with a grain of salt.

    https://hotcopper.com.au/data/attachments/3807/3807651-84418da3b63393bdf4cf8844e5ff7f2d.jpg

    At this stage with a 50% gain back to the 78.5c there's a lot to like and feels like we're in safe hands with Murray Hill.

    Here's the latest presentation from the Noosa Mining Conference last Friday. Not a holder of AGE but Greg Hall gave a great overview of the U industry in his presentation if anyone's bored.

    Video link didn't work but check out EL8 pres here (vimeo) - noosaminingconference.com.au/company-descriptions

    Cheers


    Last edited by Masenko: 18/11/21
 
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