@cekdrew Looks like the final flush & capitulation. Tomorrow will be green most likely, perhaps after a short sell-off so we'll get bottom with a wick.
@cekdrew Technically most of these stocks are borderline oversold or oversold (daily RSI). Bounce will come soon, whatever the fundamental trigger will be. Good time to buy imo.
@Silver__Santa Technical damage is vast and the charts look super ugly. The best case scenario is that this is a fakeout bottom of A wave. Leaves a lot of room for swing trading however.
@cekdrew Vanadium is an interesting take. $VRB.V has one of the biggest vanadium resources in North America with $2.65M market cap. Yes, you read it right. After 10X it would still be $26M market cap.
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@cekdrew $USAR chart at least is looking ready for a big upside move:
- Solid & aggressive bull flag pattern
- Current price is at base1 brake out level
- 1h RSI at the bottom
- Selling volume is dying out
- Massive support
@ThHappyHawaiian If it is a bull flag, minimum 2 years is required for it to play out. In any case, no instant gratification, but producers might perform well while explorers keep keeping diluted.
@ThHappyHawaiian Giant repetitive patterns with massive technical damage need time to recover. At its best, this would be a bottom of an A wave. More likely, silver will start forming a new cup and it will take years to form.