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andmk2

YCA - Yellow Cake breaks triangle

Long
YELLOW CAKE PLC ORD GBP0.01 (LSE:YCA)  
andmk2  
LSE:YCA   YELLOW CAKE PLC ORD GBP0.01
Chart Patterns Triangle Symmetrical Triangle trianglebreak trianglepattren breakout breakouttrading uranium uraniumminers Stocks
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chartpattern triangle symmetricaltriangle trianglebreak trianglepattren breakout breakouttrading uranium uraniumminers stocks
Yellow Cake has broken its triangle formation which began in April 2022. There has been a retest at 398 although it is experiencing resistance at 448. The triangle formation in an uptrend is bullish. However, volume is low and, as a result, the breakout is weak.

NOTE: This post if for education only and not a solicitation to buy, sell or hold. Do your own research and trade your own plan.
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