Maybe I am just bullish on this one, so please correct me if you think so, my goal is to be as objective as possible.
But I don't see any reason at this stage for a bear case.
I have been watching it since when it was about 1 $.
UEC perform much better than ie. URG etc. And it touched ATH when other Tech dropped 50 or 60%. it's recent correction is 30%.
According to this old chart that I have been using, in the short term, if there is no correction in the next 2 weeks, I am expecting it to reach at least 3.50. And with FOMO to 4$, which represents 30% profit.
I don't know if we should HOLD it for too long though, any comment on it?
Resistance at 3 and 3.20, 2.50$ is a support.
But I don't see any reason at this stage for a bear case.
I have been watching it since when it was about 1 $.
UEC perform much better than ie. URG etc. And it touched ATH when other Tech dropped 50 or 60%. it's recent correction is 30%.
According to this old chart that I have been using, in the short term, if there is no correction in the next 2 weeks, I am expecting it to reach at least 3.50. And with FOMO to 4$, which represents 30% profit.
I don't know if we should HOLD it for too long though, any comment on it?
Resistance at 3 and 3.20, 2.50$ is a support.
Comment:
Now to 3.80 and 4.20