UEC - COMMODITIES ON THE RISE - NUCLEAR CHRISTMAS SURPRISE

Updated
Looking at the most recent correction for UEC, nice accumulation.

Oscillators looking good, bullish divergence on recent lows.

BROKEN OUT OF FALLING WEDGE PATTERN and RESPECTING THE FIBS.

Looking to add more 5.05 area if possible.

First area of resistance above is 6.00-6.20 range. Once that has flipped to support, we could see $10.00 by Christmas!

Commodities are heating up...

LFG
Trade active
TRADE STILL ACTIVE.

Personally I will be scalping the moves here, any large upswing gets 15% cut off the top, buying back on EMA or SMA support. This move should continue, stop moved to entry.
FibonacciOscillatorsSupport and Resistance

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