There is a possibility that
URA
could form a head and shoulders pattern with the neckline at $26.
If it breaks below the neckline around $26, it will validate the pattern and could see a further downside to the $23 area.
The pattern will invalidate if the price breaks above the shoulder line around the $31 area.
URA
could form a head and shoulders pattern with the neckline at $26. If it breaks below the neckline around $26, it will validate the pattern and could see a further downside to the $23 area.
The pattern will invalidate if the price breaks above the shoulder line around the $31 area.