Sep. 12 at 9:26 PM
$UAMY Friday Sept 12,2025 recap
Like we talked about yesterday the cup that is forming (after a strong uptrend) in pic 1 looks beautiful. Looks right out of a technical analysis textbook.
But like @natureman67 pointed out see pic 2 its also forming a pennant pattern.
Generally speaking pennant pattern breakouts can be very powerful moves.
All we need to see now is a big volume breakout through
$5 and both of these patterns will look ready for strong breakouts. So however you want to look at this daily chart..... its looks like theres a very high chance of a big breakout in the not too distant future.
If we have any sort of good news next week then that could just do it.
BUT
If theres DOD contract or DOD funding news then ..... well that would not be considered GOOD news. Thats better than good
