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Bullboard - Stock Discussion Forum Kraken Energy Corp C.UUSA

Alternate Symbol(s):  UUSAF

Kraken Energy Corp. is a Canada-based energy company advancing its portfolio of high-grade uranium properties in the United States. The Company is advancing its 100%-owned Apex Uranium Property, located 280 kilometers (km) east from Reno, Nevada, which is recognized as Nevada's past-producing uranium mine. The Company has additionally entered into an option agreement to earn 100% of the... see more

CSE:UUSA - Post Discussion

Kraken Energy Corp > UUSA.c shares approach resistance @ $.98 for a retest
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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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