URNM is ranging after moving out of the downward channel. The uranium thesis is extremely bullish. I expect this stock to be much higher by year's end. The current structure looks like it follow a similar path to the orange squiggly lines. Entry for a trade would be just below the New year open of $75.78.
Comment:
testing support once more. Need a break up or we are headed towards $60.
Comment:
Broke down. We will now see 60s until we can break structure.