In that post, I showed a number of charts looking very bullish and showed the volatility squeeze and said, "The recent volatility pinch looks like URRE s about to make a very directional move. whether it's up or down, I feel it will be a bullish opportunity."
Sure enough, this morning we got that bullish directional move and URRE is up 5.5% thus far. This stock has a huge base, so if you didn't catch the trade yesterday, no sweat, there's plenty of potential upside in a stock with such an extensive base.
I also feel the move in URRE has implications for the broader market as it has been trading mostly inversely to the market. As I mentioned yesterday, a move up in URRE would probably closely correlate with a move down in the market.
I would set some alerts and buy or add to the position on a pullback.
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