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Global X Uranium ETF
Long
Updated

URA: Uranium ETF bottomed after a terminal pattern completion?

776
It's possible the Uranium ETF URA has bottomed here. If this is the case, we can expect a rapid rally as depicted on chart. Odds are low, but risk/reward is significant if this trade works well. You can enter with a tight stop under the lows, or risk 3x the ATR value down from entry.

Good luck!

Ivan Labrie.
Note
Nice action so far.
Note
snapshot

Limited time to hit the target here...if not reached in time, it might not be a terminal triangle, or at least, not how I depicted it.
Note
Acting well, if it holds here it will continue higher.

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