Purepoint Uranium (PTU, PUMGF) Update, Buying TME
We wrote at the time: "Since Purepoint broke the down trend shown in the chart above, its high has been $0.08 and it'd be especially compelling if clearing that level."
Purepoint Uranium trades as PTU in Canada, PUMGF in the U.S.
We've an existing position at an average cost of $0.07 as previously reported.
Tencent Music Entertainment Group (TME) has also hit a new high today, currently trading at $14.50
Break-outs like this usually prove to be a good speculation, so we've taken a position.
Our stop will be triggered if it trades to a new low, at $11.60 or below.
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