Add to NOVRF and/or UROY today?

In my prior post I addressed the Uranium stocks and the URNM etf. I now see that UROY (Uranium Royalty Corp) is up 7% on the day, and NOVRF (Nova Royalty Corp), the copper and nickel royalty has turned positive, now up 2% on the day after being heavily red this morning. NOVRF has been in a strong downtrend after a phenomenal debut and run when the stock came public. I often look for reversal days like today to show some interest coming into the stock, a potential floor and turning point, which would be an ideal place to add to my position if that turns out to be the case. Until now I have only had a small starter position to keep me focused on the upcoming opportunity, which appears might now be close at hand. Lets look at the chart of NOVRF, we already talked about UROY in recent posts.

Note the reversal on today´s candle, from weak to strong all in a few hours. Also see the MACD about to turn positive, as the RSI is just coming out of oversold. I prefer the COPX etf(copper miners) looked more similar to NOVRF, which would lend even more credibility to this setup, but NOVRF being a relatively new issue is excused from some scrutiny as it can march to its own tune for awhile until it gets more seasoned. In this case, its own oversold technicals in stochastics and RSI, combined with the strong reversal candle, are enough to step into more shares of this copper royalty play. Bonus, NOVRF is also oversold on the weekly stochastics.

Verify my buys and sells, prices, position sizes etc in the link on the side. There you will also find total position sizes, not just the recent size of buys or sells, and unrealized gains and losses and totals invested.