The same divergence can be found on a weekly and monthly basis going back to the previous low on January 2016.
Looking for a pop over the 50ma.
Bought with a tiny position here.
Trade active
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Update: I added to URA, and I added to UUUU. I sold URRE based on weakness.
Updates below
Comments
tangman
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URA
Bought on 6/28 for $13.20
Bought on 7/31 for $14.53
URA appears to be riding its 10ma higher, so I have positioned for another breakout. I will likely sell partial around $16, but will keep some because it looks like a long term bottom.
If URA loses the 10ma, I will likely exit with profits.
Bought on 6/28 for $13.20
Bought on 7/31 for $14.53
URA appears to be riding its 10ma higher, so I have positioned for another breakout. I will likely sell partial around $16, but will keep some because it looks like a long term bottom.
If URA loses the 10ma, I will likely exit with profits.