Trading is getting even better ...Volume has been around 150K shares for each of the past three days but the price action has been up 5 cents, 8 cents and now 15 cents. This trend is highly encouraging as there appears to be fewer weak hands willing to sell when you would actually expect more sellers given the increasing price. It is clear that people are accumulating UCU shares but not many people are selling.
This trading pattern sets us up exceptionally well for the coming offtake and government grant announcements. When (not if) the first news comes out, the shares are going to gap up big time.
I would say don't sell right away on the first news but watch the mania build. More announcements will follow (i.e. additional offtake agreements and government grants) which is going to keep driving the price higher in the coming months. I also expect additional processing plants to announced in addition to getting the LA facility underway.
This is going to be multi-bagger within 2023 based on the trading setup and news flow that I am expecting. Don't settle for % gains when we should all be getting multiples of the stock price from here once the news starts to flow. Good luck and stay long and strong.