I think theres been a general shift in market sentiment from uranium stocks into the oil & gas sector.
Too many punters wanting to GET RICH overnight from April 19 multibagger potentials! So then they dumped nonselectively
We can see this from market leaders look at PDN and ERA charts down about 20% from their highs, on the other hand WPL up about 20% from the lows
POO also flying and very strong.
The stocks that im seeing that are looking real good include:
I may or may not hold the above stocks.
ANy other nice ones that have just broken out into blue skies or above significant resistance.
Also i hear that oilers are generally the last to run in the final phase of a bullmarket.
PPP and NDO look sooooo nice.
If you see better charts out there, please let me know.
NDO breakout then pullback on lesser volume to the breakout point which should (2mrw) become new support.
ESG looks set for a run 2mrw, i thought it would be today, but nice to see she waited for me before taking off.
PPP about to get into 18 year highs if she gets to 28c.
Thoughts and other similar stocks would be much appreciated.
Pretty obvious that money is coming into this sector. A bad stock in a booming sector is better and a top stock in a dog sector. You know what they say, go where the money is, and go there often,,,