Weekly Watchlist - Aug.26, 2023
With the market breadth pulling back to May levels, the next couple weeks will be important to see which way the market is going to go. Here is 3 stocks worth adding to the watchlist for now.
Brunswick Exploration - Market Cap $203 million
The stock finally broke out of it’s consolidation on big weekly volume, it’s cleared most of it’s resistance, and is already up 130% on the year, with the potential to run much higher. One of the best lithium plays out there right now, with potential for many discoveries across Canada.
Surge Battery Metals - Market Cap $64 Million
Another good lithium stock that broke out of its consolidation phase, the stock is up 60% so far this year and could have alot of runway ahead. No resistance is left which is a very bullish thing when investing in a stock as it could ran fast. It’s hasn’t even lost it’s 30 week MA the whole year.
Isoenergy - Market Cap $363 Million
The uranium sector has been on fire lately, and I don’t see many people talking about it yet, here is another strong company that broke out this week. The RSI indicator just turned green for the first time since late 2022. Moving averages are just turning up, this could be the beginning of a nice move.
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