Friday, May 3, 2013

URRE (Long) Position Management

For those long in URRE (this is another I think has good long term potential like UNG that is just getting ready to come out of a base), probabilities are high for a corrective pullback here, it's healthy, it's normal, you may or may not want to trade around it, I would rather just hold.

For those who may be interested in having some long term long positions, URRE's long term charts look fantastic, a pullback with verified accumulation in to the pullback (perhaps by next week
0, would be a gift of an entry.

For others, it would be a great "Add-To" area if you have room in your risk management.

No comments: