UROY an energy penny stock LONG

AwesomeAvaniの投稿
アップデート済
UROY basically sells rights to mine uranium for a percentage of the production. It is a penny

stock in the nuclear subsector of energy which is undergoing a renaissance in this era of

fossil fuel addiction detoxification in the context of climate change remediation agendas.

The 240 minute chart shows a parabolic move in mid January followed by consolidation

and capitulation into a double top all at about the first anchored VWAP line above the mean

followed by a trend down into the present level near to the first lower VWAP line.

I will take a long trade here targeting the mean VWAP confluent with a standard Fibonacci

retractment which is the green line on the chart. $.05 is taken as a safe stop loss at the lows.

The target is 0.40 upside yielding a R:r of 8. I have positions in URA and UEC at this time.

The entire uranium subsector is cycling from warm to hot again.

トレード稼働中
Long entry with price at the bottom of the high volume area of the volume profile.

スナップショット
anchoredvwapMoving AveragesreversalUECURAuraniumminersuraniumsectorUROYVolatilityVolumevwapbreakout

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