My last prediction held steady; we saw a breakout near when predicted (see related ideas).
However, it met resistance at $1.32 and fell again, coupled with
CCJ announcing the reopening of Cigar Lake, which took the entire sector down a few percentage points.
However, the lower-half of the triangle held strong. This brought forth a new pattern, which is ironically more bullish. I expect price to gradually more to $1.30, with fluctuations of course, until we can finally break resistance in late May.
However, it met resistance at $1.32 and fell again, coupled with
CCJ announcing the reopening of Cigar Lake, which took the entire sector down a few percentage points. However, the lower-half of the triangle held strong. This brought forth a new pattern, which is ironically more bullish. I expect price to gradually more to $1.30, with fluctuations of course, until we can finally break resistance in late May.
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