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Show Notes
Rachel Dashiell looks at the chart for Oklo (OKLO) as shares of the nuclear energy company has gone vertical this month. She points to the "stair steps higher" in the most recent uptrend before shooting higher last week on the heels of a U.S. and U.K. nuclear energy deal. On a longer-term 1-year chart, Rachel points to a basing pattern around $59 before the stock took off. She also points to the momentum RSI study nearing overbought conditions around 87 and says there could be some "profit taking" at these levels.
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