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Sprott Physical Uranium Trust

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U.UN Since the last update the chart has consolidated a little further and extended the ending diagonal lower. The chart moved down toward the top of the yellow zone which represents a measured move target of yellow (W) and has reversed higher, I have also added the red 1.618 extension of red A to the chart, this could potentially mark the low of red C which bounced exactly at that point. The chart needs longer to develop before we can say the low is in, but once upside resumes, I will be looking for around $36 before a reasonable pull back.

published idea here Idea: U.UN Sprott Physical Uranium O…

tradingview.com/x/o8ixKWef/
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U.UN Looking for U.UN to have progressed higher in 3 waves, with current price action potentially being in the later stages, if not already completed, of a WXY pull back. Watching for a reversal and breakout to form, after which another 3 wave move higher could unfold. Simlar view on YCA. published idea here Idea: U.UN Sprott Physical Uranium O…
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