Kerrald

Kerrald

While the sector is likely to rally here, I expect more holders to make their exit. Absent any major news from Roman or a Gov't statement from Niger regarding the property, it's unlikely to mount a reversal. Chart is showing a downward continuation pattern.

Kerrald Updated 

OTC:GLATF TSX:GLO 's counter trend downward broadening wedge is testing its breakout. Fundamentally, the coup in Niger has kept this near term #uranium producer back, but it's time to catch up. We're looking at a 155% measured move based on the bottom of the wedge to the top. The time frame here is generated via the falling wedge's staff overlayed at the point...

Kerrald

Deep Yellow is showing some support here at an important level. This is showing a classic accumulation cylinder pattern and if you want to look those up you'll see they end in a moonshot. Great stuff.

Kerrald Updated 

Lotus is currently flashing a broadening wedge pattern. Assuming the bottom is not yet in and another leg down is in order we're looking at a measured move of 66% from the next likely bottom on the lower trend.

Kerrald

When in doubt, zoom out. URA is forming the handle on the multi-year cup and handle pattern on the weekly. While doom and gloom besets the new investors, they would be wise to observe that this contraction is a part of a much larger pattern. Besides, nothing in the fundamentals has changed.

Kerrald

I mean, hopefully. You can see my prior analysis results for AMEX:UUUU here.

Kerrald

Forsys looks primed to continue stair-stepping higher with this latest flag pattern on the daily. Testing bottom of the cloud is certainly possible, but given the environment for uranium and their project scale and jurisdiction, they're in a good spot to keep moving with the trend.

Kerrald

OTC:GLATF All signals are present and we're off! I expect with Europe need new sources of U as they can't access Russian uranium that Global Atomic as a new term producer without a full book of offtake contracts is a big winner here.

Kerrald

Ethereum reached its doubletop and was promptly rejected forming the Cup of the pattern. The coming months to year or two will likely channel downward until it breaks out. Target is $2,000.

Kerrald Updated 

I'm eyeing $3.50-$3.60 for support here. Conjunction of daily Kijun and VPVR volume defined support AND lines up neatly with a fib retracement zone. Bullish longterm on this company.

Kerrald

DXY with an opportunity to move to the upperbounds of the channel. So many elements of resistance stacked against it - I don't see it doing more than wicking or violating the channel for a short period. This is where I cue up Johnny Cash's Burning Ring of Fire - cause we're going down down down. Nothing in the macro sphere supports a strengthening dollar.

Kerrald

If banks don't dunk on Silver Spot, we could be seeing a big move coming for the Silver Juniors in the coming weeks. Look for SILJ to post a higher low on RSI and stay above that channel. Strong volume on a green candle will go along way towards confirming.

Kerrald

Working sideways and building out a text book rectangle that might start to slant downwards into a flag. Measured move will put this up into the $6.20-$6.40 range. Volume is declining and MACD has crossed under. RSI is also back under 70. Consolidation target for a drop out of this zone would be $3.50-$3.60 which intersects with the kijun, cloud, and volume...

Kerrald

Precipitate Gold's just got their drill permit in hand and Barrick is bringing two drills to their earn-in project adjacent to their top 5 global gold producing property. All signals are go here for a major move over the coming months.