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Uranium ETF

1,039 Views | 2 Replies | Last: 7 yr ago by hangman
benchmark
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AG
Keep a close eye on Global X Uranium (URA). Up 30% this year and 20-MA crossed 200-MA last week. Momentum play with a Trump tailwind.

dlp3719
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AG
For those that might not know ...

20-MA = 20 day moving average price
200-MA = 200 day moving average price

Commodities can have a lot of price volatility taking an average in price over time can take out some of the normal noise. What OP describes indicates that momentum is building / accelerating in the price.
Cuterebra
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AG
If you liked this last week, you should love it today.
hangman
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Up 30%! Wow, sounds like a perfect time to buy.
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