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.
Looking for a run to the 236, need to break current resistance from down trend. Weekly and daily ma's all point our direction. May pull back again here. We'll see. Usual 50:50 stop loss mgmt on weekly and daily.
Forsyth Metals is down to 500fibretracement entry. Canadian stocks are still in decline from last week, while Uranium stocks should bounce very soon.
Await bounce entry.
OTC:FOSYF
AMEX:UEC
UUUU
NYSE:CCJ
AMEX:DNN
NYSE:RIO
Global energy driver
Uranium mining stock
Ur prices jumping due to gap and closures
#5 global supplier via Canada and So. Africa Namibia mines
No real drop in past 2 weeks
VIX resistance
