MicroStrategy (MSTR) is down 1.4% and chopping sideways at support, holding its current level.
Source Post
Commodities Update: Technical Analysis: GOLD AND SILVER TRYING TO BOTTOM, OIL HIGHER
The creator provides a technical analysis of various commodities, precious metals, and ETFs, noting potential bottoming patterns and upward momentum in gold, silver, platinum, and palladium. While generally positive on commodities, the creator expresses caution regarding the broader market due to a stronger dollar, higher yields, and the closure of the Strait of Hormuz, which could pressure sectors like the S&P 500 and Nasdaq.
Linked Mentions
Tickers discussed in this post
URNJ shows a pattern that looks good, with potential for a false breakdown and a more legitimate pattern developing.
Sprott Physical Uranium Trust (SPUT) showed a strong 5% increase with a bullish engulfing candlestick, suggesting a potential move higher.
Gold and silver mining companies (GDX) are showing signs of bottoming and attempting to work their way up, but require more solid moves to confirm a trend.
Linked Signals