CSE:UUSA - Post Discussion
Post by
partystocker on Sep 07, 2022 1:36pm
UUSA.c shares approach resistance @ $.98 for a retest
Kraken Energy (CSE: UUSA) shares are continuing to rebound today after gaining 10% yesterday on high volume. As SP continues on a path to retest resistance at $.98, various indicators are showing bullish signs.
UUSA shares recently crossed over the 50MA, triggering a buy signal on the long-range stochastic oscillator. Additionally, the CM SlingShot indicator has begun to narrow into a buy signal above the 50MA. The convergence of all these indicators shows that there is more bullish potential on this breakout compared to the last attempt in July.
Kraken is currently preparing to conduct the first ever drill program at the Apex Uranium Project, and is expecting to deliver very solid results after recent radon testing confirmed anomalous trends.
UUSA.c is currently trading at $.93, valued at $50.4 million.
https://ceo.ca/@newsfile/kraken-energy-identifies-anomalous-radon-trends-at
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