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ASX stock Analysis BKY
Time Frame : Weekly Chart
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Watching for Buy Entry Setup
BKY is a small thinly traded Uranium stock but the action looks great on the weekly timeframe. The Daily chart looks good but price is extended and may need to flush out some buyers and pullback to the 60 area and consolidate before a leg higher. Price is currently in contraction but is holding higher lows which would support a push through 1.00. Watching for now to see what happens on a pullback and would like to see volume increase to indicate buyers are getting active.
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Stock : ASX stock BKY
Current Price : 0.70
Status : On watch for a move above 0.80
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