TradingShot

URANIUM is filling the gaps on a long-term bullish trend

Long
AMEX:URA   Global X Uranium ETF
This is an update to my April 2021 idea on the Uranium ETF:


As you see, the price rallied following March's Golden Cross on the 1W chart and so far the 1W MA50 (blue trend-line) has been holding as Support (which was my biggest concern back then), offering a great dip buy opportunity on August 16.

What's even more interesting is that the asset has been filling gap after gap on the Lower Highs of last decade's bear trend. The next one is at 39.00. Be ready to take advantage of the next 1W MA50 dip.



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