RE:anybody know whyCan't help you with the technical trading question my friend, but I'm sure there are lots of bottom pikcers here. This play (like all U stocks) is seeing pressure from seasonality, also bit of weakness from recent news (or lack thereof), and today Cameco came up short on earnings and forward guidance is not pretty. Pretty much sums up the sentiment of the U-sector as a whole.
All I know is that I will continue to pick away at the lows here. I got in at 0.05 and was smiling to myself that day. I picked up more shoares last week, and will add to my position here as the trickle of cheapies come to market. A lot of people are trying to time the U turn-around, and as a seasonal play there will be upside here as well, but the big payoff may not be for several years... that's what I'm here for, and if it comes earlier great! I'm happy to wait patiently in the meantime. All my uranuim accumulations are holdings with expected retention of 2-3 years, and if it takes 5+ so be it! I can't see much more downside here... As per last NR, Forum has should be drilling sometime between Jan-Mar 2018. Looking forward to the results.