PaperBozz

$URA - Potential head and shoulder!

BATS:URA   Global X Uranium ETF
There is a possibility that URA could form a head and shoulders pattern with the neckline at $26.

If it breaks below the neckline around $26, it will validate the pattern and could see a further downside to the $23 area.

The pattern will invalidate if the price breaks above the shoulder line around the $31 area.

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