The Long Investor

$OKLO - NUCLEAR -

Added 2024-11-19 11:09:02 +0000 UTC

$OKLO is a nuclear fission developer, I have gone through a number of charts in the nuclear sector this morning and $OKLO offers the best RvR right now, as others have already run quite strong.

Issue with $OKLO is that they are not long on the exchange and they are not generating any income right now....very similar to $ASTS, so that does not mean that there is not an opportunity here.

Price has moved very well in 5 Waves up and has pulled back perfectly in 3 waves too and found support on the 0.5 Fib/Blue support line.

Price has already jumped +14.8% yesterday, likely after Ken Griffins comment that Nuclear is the future....and I believe he is right.

The concern here is that we just don't have any projections of forward earnings, we must solely work off the chart.

Holding above the 0.38 Fib at $19 and I believe this can move back up to the blue line next at $28.