This uranium stock has continually bounced off its 50-day SMA since February.
Sometimes the most rewarding trading strategies are found away from all the shouting.
Wait for a consolidation pattern before probing the long side.
Let's review the charts and indicators.
It's hard to call a stock that doubled over the past six months oversold, but that is indeed what we see.
Sometimes high dividend stocks have a secure dividend with room for future dividend growth. These can be among the best opportunities for income investors.
Some new accumulation (buying) around the $85 area should set the stage for further gains.
Here's where aggressive traders could look to go long PCH.
For now, China's infrastructure-led stimulus efforts are helping drive demand for iron ore at a time when production is under pressure.
Copper has had a nice run, and the likelihood the worst of the pandemic soon could be behind us could mean increased consumption ahead.