Stock Watchlist, 03/23/22
There has been alot of stage 2 breakouts recently, in the commodities space, but they have lacked the volume I am looking to see, which is alot different than the situation in 2020 and even last year.
Dore Copper $DCMC
Note - I have been watching this company for a long time as I like there projects and there business model. They finally broke out this week, but with a lack of volume on the breakout, I will continue to monitor the stock.
Birchcliff Energy $BIR
Note - I liked the base this oil/gas stock was developing, it finally broke out this week, but volume has been basically average. Worth watching for now but not taking a position.
E3 Metals $ETMC
Note - An Alberta based Lithium Development project, its been consolidating for a long time and is starting to move out of its base. Outperforming the S&P500 now, volume isn’t quite where it needs to be for me quite yet. If it has a big day tomorrow I will look at entering this trade.