URNM heads up at $53.55: Golden Genesis fib is decision point
Updated
Nuclear stocks have been exploding (lol).
This ETF has just hit a major landmark.
Recently proven Golden Genesis fib here.
It is PROBABLE we orbit this a few times.
It is POSSILBE that we break and continue.
It is PLAUSIBLE for a lower high of the top.
$ 53.55 is the exact level of interest.
$ 49.43 is first support, 46.88 stronger.
$ 60.22 is next target if break and run.
See Related Ideas below for other Nuclears.
======================================
.
This ETF has just hit a major landmark.
Recently proven Golden Genesis fib here.
It is PROBABLE we orbit this a few times.
It is POSSILBE that we break and continue.
It is PLAUSIBLE for a lower high of the top.
$ 53.55 is the exact level of interest.
$ 49.43 is first support, 46.88 stronger.
$ 60.22 is next target if break and run.
See Related Ideas below for other Nuclears.
======================================
.
Trade active
PING
from "Give me a ping Vasilly, One Ping Only".
And my rule:
"Not every Ping starts a Reversal,
but Most reversals start with a Ping".
Probably not a complete reversal.
But a dip is certainly in progress.
======================================
.
Trade closed: target reached
PING (or should I say PONG)
PERFECT fib-to-fib move and confirmation of them.
Scalpers to close shorts, holders might add here.
Also good to move Stop Loss to just below this fib.
===============================================================
.
Related publications
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.