Production News, Following 7-step #3 spike. 3rd day green, volume up over 8d average. Risk .20, reward 1.00. Took the quick spike for a small win.
This was a overnight play that I bought late in the day of 6/5/2023 because it was breaking out to. Hope was for a morning spike the following day but when it failed to pass the $1.10 area, I decided to sell for a small loss
Swing trade
Uranium play with a clean 5yr chart potential b/o. The volume wasn't all time high but was 7M+. Initial plan was to see consolidation with gradual uptrend for potential afternoon ramp and potential breakout. Instead, it opened red on the day making higher lows so decided to play it for a R/G move risking LOD. Cut it first time it broke down VWAP but it consolidated all day around $2. In handsight, UEC was a better Uranium R/G play given that the 5yr chart had no OH resistance.
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