(TSXV: GEN) Elliott Wave Theory with Generation Uranium Elliott made detailed stock market predictions based on reliable characteristics he discovered in the wave patterns. An impulse wave, which net travels in the same direction as the larger trend, always shows five waves in its pattern. A corrective wave, on the other hand, net travels in the opposite direction of the main trend. On a smaller scale, within each of the impulsive waves, five waves again can be found. This next pattern repeats itself ad infinitum at ever-smaller scales
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GEN trade ideas
Generation Uranium - Potentially Undervalued Junior ExplorerGeneration Uranium +12.50% today on higher than average volume on news the company signed a consulting agreement with APEX Geoscience Ltd. to provide geological consulting services with respect to the Yath Uranium Project located in Nunavut, Canada. Good potential here at uranium market is strong and historical results are good and the property has had some major interest in the past. I believe the consulting agreement is laying the groundwork for future exploration program. One to watch with price at highs.