URA - Uranium Opportunity
URA completed the full projected drawdown from the inverted head and shoulders. Purple lines are fib confluences using Connies method. The composite index shows favorable momentum. Volatility weighted MACD has a signal crossover. And Martin Prings concept of total return (rate of change + dividend)/(3 month commercial paper) has a signal crossover.
Uranium has consistently maneuvered through Justin Mamis sentiment cycle. We appear to have recently seen an aversion stage.
This is still an aggressive area for an entry and commodities require patience at this point in the cycle.
URA
Uranium has consistently maneuvered through Justin Mamis sentiment cycle. We appear to have recently seen an aversion stage.
This is still an aggressive area for an entry and commodities require patience at this point in the cycle.
URA 
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