Loading ...Uranium on the move
If the day finishes like it’s started the whole sector’s looking great – nice backtest (big, percentage-wise, but right on the trendlines) and now followthrough today. No time to post charts at the moment, but you can see for yourself on pretty much every company in the sector.
My take: B up of ABC correction. C down should be next. Could even be a 3 down.
As the initial ramp doesn’t look like a 5 wave move to me.
Have enough evidence to suspect a bullish resolution. But I’ll be watching for the force of this next drop. That will give us more solid answers.
Could be – it’s a volatile sector alright! So far so good though – everything’s all about timing 🙂