One day too late? I was going to review Hathor Exploration Ltd. (V-HAT) but I see that in early trading Hathor has made a sharp move and my review would have been one day late and obsolete, technically speaking. The trading is quite volatile so I’ll go with Freewest Res. Canada Ltd (V-FWR) instead.
FWR is up some 100% in only the past two months and seems destined for still more upside. It seems to be taking a short rest after that sharp advance but is expected to continue shortly, especially if the uranium stocks in general firm up and start a good rally. All indicators continue to be positive. As a $0.40 stock FWR appears to be a good gamble here with a stop loss at $0.34 just in case something goes wrong. I would not pay too much attention to the wide channel shown on the chart but the recent up trend line would be something to keep an eye on.
FWR is up some 100% in only the past two months and seems destined for still more upside. It seems to be taking a short rest after that sharp advance but is expected to continue shortly, especially if the uranium stocks in general firm up and start a good rally. All indicators continue to be positive. As a $0.40 stock FWR appears to be a good gamble here with a stop loss at $0.34 just in case something goes wrong. I would not pay too much attention to the wide channel shown on the chart but the recent up trend line would be something to keep an eye on.
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