Short $ura short term long $ura long term

30 Eyl 2023

I am super bullish on URA medium and long term but believe the share needs a pullback to back test the breakout, complete the wave 4 before going nuclear on wave 5. Note the divergence on the RSI - lower lows lower highs - and MacD flattening. I expect a fairly shallow pullback to the 0.38 Fib at $24.78

12 Eki 2023

Not

The correction is now following an ABC trajectory. There is an hourly gap at the 0.618 retrace that may provide the support else it could test the breakout levels at 22. This might take a while as there are too many dip buyers!