It is in an uptrend and now consolidating. The support level has become the resistance level. It is going sideways so swing traders could trade the swing which is the only way for a stock going sideways. He likes swing trading. Pays a high dividend and there is a reason for a stock having a high dividend.
It is in a long term uptrend but has volatility. There might be a buying opportunity but it is best to do it in legs: 1/3 at the support level, another third if it holds , etc. This is called legging in. He is not trading it now.
It is at the support level and this could be the beginning of a base. The last piece is a bit of a resistance. If buying put a mental stop at the last trough because you don't want to see it broken.
It is in a good formation with a rounded bottom and he likes it. It is in a mini uptrend after forming a base at the end of a downtrend. It is trying to break out of the last point of resistance. It is OK for legging in.
They have held it for 6 to 8 months. They bought it on the breakout for the longer term and it is now consolidating, There is nothing wrong with this formation. He is bullish on commodities with a softer U.S. dollar, and emerging markets have commodity producers.
He wanted to be 25% in cash. He spent 2% of it last week in buying positions. Will continue this a bit at a time and will be fully invested by the end of October.
He has a 3 to 6 month horizon. There is need for power grid supplementation and uranium is a good place to be. The long term chart is all over the map. He bought it two years ago and is holding.
He holds it in an aggressive account and not the conservative one. He doesn't like the chart right now but if it dropped to $7 and bounced off, it would look interesting.
It is in an uptrend and now consolidating. The support level has become the resistance level. It is going sideways so swing traders could trade the swing which is the only way for a stock going sideways. He likes swing trading. Pays a high dividend and there is a reason for a stock having a high dividend.