A Uracan look into the pipeline

Uracan.v

Over the last two months there has been little to post about for Uracan.V

Starting about Dec 23, 2009, the open bid ask spread on Level II started to show some accumulation, and release from tax pressure selling, and the resulting action has been an open at .30 cents with the bid sucking up the ask leaving a gap of 1 to 2cents between the two. Skirmishes on volume at .31 have been etching some nice looking positive divergence in a short term rising wedge formation chartwise in one of the charts I frequent. Approaching the apex into the January effect suggests a breakout with a good chance it will be upside.

Pick 4 Uracan.V

If your into speculative stocks with peers of lesser fundamentals pricing into .60+ then an eventual move to breaking our last high of .48 seems not too far off into the January 2010 effect... a move of 100% is not of the ballpark

Overall... trend is ranging, but considering this recent report out from the Midas Touch...

Cameco-points-the-way-for-uracan

This says it all, and when I stumbled upon the read, I was surprised to see how much it echoed my own thought about Cameco, and was grateful to be able to post a link to a far better accounting than I could muster.

Speculation speaks for itself (amongst other peers) with Uracan into some 40 million pounds in the ground for a price like this (.30) in safe water Canada.

The following video will help to bring a speculator up to speed. Make no mistake about it, I only present this embedded video as a supplement to better give a visual picture not to sway you, but to give you a grasp of the promotional cycle just beginning. Charting as we do it says the cycle is in positive showing. Add in a National Instrument (NI 43-101)... and it just gets better. Believe it or not, momo is not about the promotion, but is made up of speculators who look for the accumulation by charting and a vast amount of momo traders have absolutely no awareness of the fundamentals and even this video. Being able to trade the momo successfully means knowing when the stock price is low relative to what the momo can produce. Also knowing the last financing shuffle is out of the way for the near term with out fear of a Reverse split adds more weight to the trade.




GLTA Lostoutwest
Kenuck SmallCap Trader

National Post

Grandich

StockCharts Public Chart List

CBCnews


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