Stock Report, 03/18/22

An impressive 4 days for the stock market, its yet to be seen if the turn is in, but it looks positive. I will be looking to add some small positions to see if I can gain some traction.

Cameco $CCJ

Note - I am monitoring this one and I follow it for the health of the sector. A weekly close above $27.60 and I may look to add it at that point depending on the chart. Its been outperforming the S&P500 for over a year. Volume has been on the rise lately, which means big money is getting seated.

Forsys Metals $FSY

Note- One could argue that this has been consolidating for over a year within its range. With its low share count and exposure to alot of pounds in Africa, it has the potential to really move when it breaks out. I want to see a weekly close above the blue line. Look at the run it had from .16 cents to over $1.00 dollar.

Fission Uranium $FCU

Note - Here is one that broke out last week and this week was able to hold the line after alot of volatility. The 30 week EMA is a place where I would likely set a stop if I entered this trade. The stock has alot of shares out and may not have the upside of some others but may be a little safer, and in this environment, that isn’t necessarily a bad thing.