I wrote about the Uranium sector 14-months ago on 07-December 2020 when the ETF traded at $14. The move over the period has been strong, with a high of $31.60 on 09 November 2021.
I looked the attached chart last night and thought there were some interesting similarities to prior periods.
STRATEGY: PENDING BULL FLAG BREAKOUT + TIME CYCLE
Key Trading Levels For Buy/Long Opportunity
The highlighted levels may or may not trigger during the upcoming trading session.
Blue Lines = Bullish Reversal Pivot
Required: Needs to hold above the pivot with intraday strong bids.
TF = Medium Term
I looked the attached chart last night and thought there were some interesting similarities to prior periods.
STRATEGY: PENDING BULL FLAG BREAKOUT + TIME CYCLE
Key Trading Levels For Buy/Long Opportunity
The highlighted levels may or may not trigger during the upcoming trading session.
Blue Lines = Bullish Reversal Pivot
Required: Needs to hold above the pivot with intraday strong bids.
TF = Medium Term
