Friday, June 24, 2011

Another one for the Radar

URG is a C&D as far as price goes, volume can be fairly substantial for a C&D trade at times from 1 mm to over 4mm shares on a decent move.

This one may be forming a "U" shaped bottom.

 You might set an alert looking for a pullback if you like the trade.

 Again, there's a fairly substantial 60 min positive divergence here. The real juice in this trade would be a break of $1.80. As usual, this is to be considered a speculative trade for risk and trade management purposes. I often suggest taking partial or total profits on any 1 day double digit gain.

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