Uranium has been on the uptick for a while.
Many are overbought and due for a pullback.
This is one example reaching key resistances.
$ 6.61 - 6.67 is the immediate resistance
$ 7.25 - 7.59 will be the breakout barrier.
$ 5.46 - 5.58 will be last uptrend support.
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Many are overbought and due for a pullback.
This is one example reaching key resistances.
$ 6.61 - 6.67 is the immediate resistance
$ 7.25 - 7.59 will be the breakout barrier.
$ 5.46 - 5.58 will be last uptrend support.
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Trade active
Dip exactly where expected:(yellow shaded area for price action since posting).
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Zoom IN (M15)
Some loud "Pings" confirmed our Geenesis fib at 6.61.
So all humans/bots/indi's recorded the exact location.
Just broke above fib, so maybe uptrend will cotinue.
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Trade active
BOOM !Another leg up, as expected in last update above.
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Zoom IN (m5) and observing the fib reactions:
We have a local fib that is currently in control.
We just blew through one of the sister fibs here.
Look for retest of 13.706 at $7.42, then $7.62.
.
Looks like we continue upwards, maybe with small dips.
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Trade active
BOOM and BOOM again!>23% from the EXACT entry point plotted.
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Zoom IN (m15)
Just touched a Covid fib (dashed), a minor ratio.
Its Golden sister was part of our support below.
We might get a retrace here, so trailing the stop.
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the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.