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CanonMarketAnalysis
Apr 26, 2017 8:15 PM

Uranium at Crucial Spot 

Global X Uranium ETFArca

Description

Very important spot here for URA. We'll need a nice reversal bar tomorrow otherwise this idea needs to be shelved until further notice. Fundamentals are still bullish here, but we just need the technicals to come around.
Comments
MC2016
Will be interesting to see if this can now hold around the $13 level - I hope so! Certainly unlikely to be a vehicle for a quick profit anytime soon, but longer term could give a very good return.
No_structure
11 is the bottom? price is dropping too fast for me..
mmmp12
Hi. I saw that this ETF and uranium has a great potential in next years due to new nuclear plants and restarting old ones. I want to buy at 12-13$ this ETF, for a few years do you think it will be a good investment (for 5 years I thought).
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