Maybe I am just bullish on this one, so please correct me if you think so, my goal is to be as objective as possible.
But I don't see any reason at this stage for a bear case.
I have been watching it since when it was about 1 $.
UEC perform much better than ie. URG etc. And it touched ATH when other Tech dropped 50 or 60%. it's recent correction is 30%.
According to this old chart that I have been using, in the short term, if there is no correction in the next 2 weeks, I am expecting it to reach at least 3.50. And with FOMO to 4$, which represents 30% profit.
I don't know if we should HOLD it for too long though, any comment on it?
Resistance at 3 and 3.20, 2.50$ is a support.
But I don't see any reason at this stage for a bear case.
I have been watching it since when it was about 1 $.
UEC perform much better than ie. URG etc. And it touched ATH when other Tech dropped 50 or 60%. it's recent correction is 30%.
According to this old chart that I have been using, in the short term, if there is no correction in the next 2 weeks, I am expecting it to reach at least 3.50. And with FOMO to 4$, which represents 30% profit.
I don't know if we should HOLD it for too long though, any comment on it?
Resistance at 3 and 3.20, 2.50$ is a support.
Note
Now to 3.80 and 4.20
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.