This is the last update on URRE from the 24th of June
I think the news I mentioned last night about the Missouri river flooding a US nuclear power plant may have put some pressure on URRE today, but this may be a chance to get in the trade at a lower cost basis.
The 60 min chart looks to be very positive
The 1 min chart is positive in to today's decline.
This is a speculative trade, but using the daily stop around $1.49, theres about $.09 of risk per share in the trade right now. I think that can be easily managed with proper risk management/position sizing.
Just something to think about, I probably wouldn't mention it if the 60 min chart didn't look as good as it does.
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