I have found bowl patterns in everything from Intel’s monthly chart to Ur-Energy’s weekly and monthly charts. NFTRH’s brokerage portfolio has had CORN for several weeks now because it bottomed and has remained orderly above the 50 day moving averages and now is forming the nicest looking daily bowl pattern. A target was noted in NFTRH where I am going to consider selling it, but I do not sell nice charts lightly.
I also mentioned I may sell URG because its daily chart has exploded. But the monthly bowl really is beautiful and at least makes me think twice. I’ve already taken some partial profits on it.
Speaking of bowls… how about a nice bowl of Yellowcake? What is up with the Uranium sector, anyway? u3o8 goes nowhere but the sector explodes. Are the stocks telling us something or is it one in a series of plays from speculative hot money? Hmmm?
