The weekly chart for UUUU looks extremely bullish with several lines of evidence suggesting a bullish reversal is confirmed.
Break-out of shorter term descending trend
"Break-in" back to long term parallel range
MACD Crossover
Bullish engulfing candle
ALL WITH BIG VOLUME!!!
I believe last week's action was just a pullback setting up for a long term move to the high end of the range, likely a result of sell-the-news profit taking. This industry is going to roar in the coming years.
Long term target $9-11 USD
Good luck!
Break-out of shorter term descending trend
"Break-in" back to long term parallel range
MACD Crossover
Bullish engulfing candle
ALL WITH BIG VOLUME!!!
I believe last week's action was just a pullback setting up for a long term move to the high end of the range, likely a result of sell-the-news profit taking. This industry is going to roar in the coming years.
Long term target $9-11 USD
Good luck!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。