There is a possibility that 
URA could form a head and shoulders pattern with the neckline at $26.
If it breaks below the neckline around $26, it will validate the pattern and could see a further downside to the $23 area.
The pattern will invalidate if the price breaks above the shoulder line around the $31 area.
URA could form a head and shoulders pattern with the neckline at $26.If it breaks below the neckline around $26, it will validate the pattern and could see a further downside to the $23 area.
The pattern will invalidate if the price breaks above the shoulder line around the $31 area.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.