gb50k

You can never have too much Uranium

Long
AMEX:URA   Global X Uranium ETF
This long is counter trend in some TF's. But price continues to opt-in for long as it breaks through several sources of confluence.
Most importantly the trade has a low risk / reward ratio.
Possible Context (not factored into trade):

  • Evolving currencies in the East are said to be backed by a broad basket of commodities .
  • A move towards Uranium as an energy source.

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