OnenessTrader

Bears are Hungry for UEC

Short
BATS:UEC   Uranium Energy Corp.
Trying out the trading volume on large gainers. My hypothesis is that since they had such high trading volume the previous day,It's either due for a retracemnt or extension and I'll determine that by what the technical story tells me.

Fundamentals: This had a trading volume on Friday of 29.117M and on average has 7.296M

Technicals: Gap In price movement, so it should fill in, Bearish rising wedge

Indicator: we have MAJOR bearish divergence on the RSI, and with tells me that the pendant isn't a bullish pendant but a bearish rising wedge.




Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.