Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.

TSX:FCU - Post by User

Fission Uranium Corp

Bullboard Posts

Comment by PamplonaTraderon Jul 27, 2015 9:20pm

93 Views

Post# 23965360

RE:RE:RE:Ouch

Mesa1, how are your fibs holding up??

mesa1 wrote: Pamps, we both know you can draw trend and support lines many different ways. My own charts show a very different interpretation. Try stretching a Fibonacci Retracement on the weekly chart to the top and bottom of the candles (not the shadows) from the June 2013 lows (equal to the October 2014 low btw) and the April 2014 high. You will note the 61.8% retracement is where we have found support, just like FCU did in October and again December 2013. It is also where the gap started in January 2015 and resistance was found in Nov, Dec 2014 and again in Jan 2015 before it gave way to a nice breakout.

So, you're saying this support area we are testing here will break this time? Right?

I'll bet it doesn't.

But what I'm not going to do is post charts and my private analysis in an attempt to convince others. What I am prepared to point out is that you don't have the answers, only one opinion backed up with your own interpretation. Technical analysis is as much an art as it is a science, probably more so.

In the hands of an amateur or someone with an agenda ... well, it's buyer (or seller) beware.