Uranium Mining Outlook
URA in a 3rd wave and could possibly have topped here at the 28, but it also could be setting up higher for a 5th wave finish 32-36 area.
When I first looked at it, I saw the possibility of a great buying opportunity in the $14-16 area if things break down.
Right now I think we need to hold the $24-22.5 area to keep this bullish move upward. Otherwise the 14-16 becomes a greater likelihood and then will have to start seeing if the projections of the move line up to that target of $14-16.
Not financial advice
When I first looked at it, I saw the possibility of a great buying opportunity in the $14-16 area if things break down.
Right now I think we need to hold the $24-22.5 area to keep this bullish move upward. Otherwise the 14-16 becomes a greater likelihood and then will have to start seeing if the projections of the move line up to that target of $14-16.
Not financial advice
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