The daily chart of URA looks like the price has dived to test the 200 MAV and is now in a process of establishing a new uptrend. Some consolidation is probably in order in the next week or two.
Tuesday 31 August 2021
Chart Of The Day - URA
Like many other sectors, URA chart broke down last week and then went on an immediate rally to reverse the signal. A 92-96 xxed buy signal has been executed today and the market is now structured in a bullish way. We will see if the pattern can hold this time.
The daily chart of URA looks like the price has dived to test the 200 MAV and is now in a process of establishing a new uptrend. Some consolidation is probably in order in the next week or two.
The daily chart of URA looks like the price has dived to test the 200 MAV and is now in a process of establishing a new uptrend. Some consolidation is probably in order in the next week or two.
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