URRE Follow Up

Make sure you read the original idea....

The original idea came when URRE was down 6+% on the day, later that day it went on to recover and end in the green, a false breakdown.

URRE has now broken through the short term downtrend line.

Here's the 15 min 3C chart in a leading positive divergence.

I like the trade (long) around these levels. A tight stop can be used at the Trend Channel $1.47, if you prefer a wider stop as I usually do, then look at support at $1.52, it shouldn't head back down there if it's getting ready to make its move.