Tuesday, July 23, 2013

URRE Longs & Others- Keep an eye on it

We're looking for follow through on yesterday's move, if we get it within (well this week), URRE will VERY likely have moved from Stage 1 (base/accumulation) to stage 2 (for trend traders, this is the easy money).

For those not long URRE, but considering it, "Mark-up" would be a great place to enter it, this is the meat of the cycle/trend, the top and bottom 10 or 20% are the hardest fought for pieces of the action, the 60-80% in the middle (Mark-up) is the easy money, so if we can confirm mark-up has begun, we look for the first pullback to get a better entry with lower risk and throw this one in the Trend Channel.



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