UUUU in the Uranium sector is making a higher high on the hourly chart. Looks like a Bearish BAT pattern is in play which should give good returns up to the 88.6% retrace, or $2.60 range. Happy trading
Note
So, UUUU is not gaining strength here. Set your stop around 2.13 if you entered a trade. I am not in, as I was looking to see if it was a double top or a Bull Flag. Still unsure. Wait and see for now. Trade closed: stop reached
Stopped out,
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Disclaimer
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.