UEC heads up at $6.66 (!) then $7.25: Uranium ready for a dip?

Atualizado
Uranium has been on the uptick for a while.
Many are overbought and due for a pullback.
This is one example reaching key resistances.

$ 6.61 - 6.67 is the immediate resistance
$ 7.25 - 7.59 will be the breakout barrier.
$ 5.46 - 5.58 will be last uptrend support.

=======================================
Trade ativo
Dip exactly where expected:
snapshot
(yellow shaded area for price action since posting).

.

Zoom IN (M15)
snapshot
Some loud "Pings" confirmed our Geenesis fib at 6.61.
So all humans/bots/indi's recorded the exact location.
Just broke above fib, so maybe uptrend will cotinue.

==============================================================

.
Trade ativo
BOOM !
snapshot
Another leg up, as expected in last update above.

.

Zoom IN (m5) and observing the fib reactions:
snapshot
We have a local fib that is currently in control.
We just blew through one of the sister fibs here.
Look for retest of 13.706 at $7.42, then $7.62.

.

Looks like we continue upwards, maybe with small dips.

==============================================================

.
Trade ativo
BOOM and BOOM again!
snapshot
>23% from the EXACT entry point plotted.

.

Zoom IN (m15)
snapshot
Just touched a Covid fib (dashed), a minor ratio.
Its Golden sister was part of our support below.
We might get a retrace here, so trailing the stop.

=================================================================
FibonaccigoldengoldenratioratioSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Publicações relacionadas

Aviso legal