Watch These Oklo Levels as Nuclear Power Stock Retreats From Record High
Key Takeaways
- Oklo shares lost ground Thursday after jumping nearly 30% the previous session following news the nuclear power company had won an Air Force contract.
- The stock recently consolidated in a bullish flag before breaking out above the pattern during Wednesday’s trading session.
- Bars pattern analysis forecasts a bullish price target of around $135 and indicates the trend may last throughout most of June.
- Investors should watch key support levels on Oklo’s chart around $55 and $32.
Oklo (OKLO) shares lost ground Thursday after jumping nearly 30% the previous session following news the nuclear power company had won an Air Force contract.
Today’s slump came after Oklo late Wednesday announced a public offering of $400…
