Have never seen a commodity chart like this current uranium...

Have never seen a commodity chart like this current uranium move.Usually there is a pull back to old highs which then acts as support.....and  in Elliot Wave terms this is only wave 1 of 3 impulsive waves.Wave 3,the next impulsive will be larger, and then the final impulsive Wave 5 will be the greatest yet.Are We are watching a rule breaker?

As the price "expands",so does the time, so waves 3 and 5 will probably last longer than in previous bull cycles.
This was posted on 15/9 when the unusual nature of the chart was noted:

And now the current chart below  that shows another small exponential move away from the liner price time relationship.Suspect that this represents intensification of slow and methodical accumulation by Yellocake and Cameco for example to cover contractual obligations.The wave 1 pull back may come when Yellowcake takes some profit to pay directors,listing fees etc, then it's on for young and old when utilities start buying.

You'd expect the hedge funds to be playing this one,but no evidence yet.Perhaps there's selective blindness.

There appears to be the same selective blindness with AEE. Market cap too low to attract most funds,yet about to bring a world class project on line.
Too much selling down to attract retail.
Not enough sustained rise to gather a fleet of technical traders.

But the thing about selective blindness is that the object soon becomes too large to miss and many wonder how how it could be missed!
Are we watching another rule breaker?
Fortune to the informed,
Asculpeous