TORO ENERGY: Breakout from 15 year old wedge pattern
(This is a technofundamental idea. I assume familiarity with the uranium market fundamentals).
We can see a breakout from a large wedge pattern, going back as far as 2007. The recent pullback looks like a backtest of the wedge. A low risk entry point in my book, if you're looking to position into the uranium market.
We can see a breakout from a large wedge pattern, going back as far as 2007. The recent pullback looks like a backtest of the wedge. A low risk entry point in my book, if you're looking to position into the uranium market.