Stock Watchlist, 04/04/22

The general indices continue to grind higher against all odds. Commodities sectors continue to perform well, specifically energy stocks/ battery metals.

UR Energy $URG

Note - After its breakout over a month ago, its been hovering above the 50 day EMA and consolidating, as has much of the sector. This may present a good second entry point if you are a believer in the uranium thesis.

Barksdale Resources $BRO

Note- Copper stocks are still dirt cheap, Copper is near all time high and going much higher. I am extremely bullish on this sector for a variety of reasons. This stock broke out over a month ago, and has been pulling back on fairly light volume. This good be a second entry point once we turn back up again.

Erdene Resource Development $ERD

Note - I came across this stock last week and have been monitoring it every day since. They are a gold developer in Mongolia and expect to be producing in 2023, the drill results have been phenomenal and their goal is to get this to 2 million ounces this year, the project has blue sky potential. A potential multi bagger in my opinion. It broke out last week and on high volume and pulled back today to the trend line.