Normal
Weekly charts of uranium developers look stuck in downtrends on weekly charts currently - nothing I can see as a breakout signal anyway. The uranium stocks etf that peter2 mentioned, URA, looks similar. Not calling it but if I wanted to try my hand at 'measured move' targets from overhead shapes I get significantly lower.Shaw brokers on the other hand have higher targets from today's prices and have 'buy' recs on the first 5 in the list and 'holds' on Lotus (LOT) and Bannerman (BMN). Bannerman is missing from my screenshot as didn't have room. Shaw's target for that is 30c (from 20c) but they still have a 'hold' on it. Comment that BMN is the most leveraged stock in sector.[URL unfurl="true"]https://stockhead.com.au/resources/barry-fitzgerald-the-long-term-buyers-are-warming-up-and-shaw-has-7-hot-uranium-stocks-to-fuel-the-fire/[/URL]
Weekly charts of uranium developers look stuck in downtrends on weekly charts currently - nothing I can see as a breakout signal anyway. The uranium stocks etf that peter2 mentioned, URA, looks similar. Not calling it but if I wanted to try my hand at 'measured move' targets from overhead shapes I get significantly lower.
Shaw brokers on the other hand have higher targets from today's prices and have 'buy' recs on the first 5 in the list and 'holds' on Lotus (LOT) and Bannerman (BMN). Bannerman is missing from my screenshot as didn't have room. Shaw's target for that is 30c (from 20c) but they still have a 'hold' on it. Comment that BMN is the most leveraged stock in sector.
[URL unfurl="true"]https://stockhead.com.au/resources/barry-fitzgerald-the-long-term-buyers-are-warming-up-and-shaw-has-7-hot-uranium-stocks-to-fuel-the-fire/[/URL]
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