
Uranium play with a clean 5yr chart potential b/o. The volume wasn't all time high but was 7M+. Initial plan was to see consolidation with gradual uptrend for potential afternoon ramp and potential breakout. Instead, it opened red on the day making higher lows so decided to play it for a R/G move risking LOD. Cut it first time it broke down VWAP but it consolidated all day around $2. In handsight, UEC was a better Uranium R/G play given that the 5yr chart had no OH resistance.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 11/9/2021 | 1.99 |
| Exit | 11/9/2021 | 1.96 |
- Total Views52
- Position Size100
- Percentage-1.51%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only: