Trade Idea: $URNM

From the ETF screener, we have $URNM, Sprott Uranium miners etf.

An aggressive (may fail entry) would be a breakout of this descending trend line. A better entry would be a close about 71.25, a sorta pocket pivot. URNM 0.00%↑ is showing strength along with our REMX 0.00%↑ yesterday which had great follow through out of the pocket pivot.

URNM 0.00%↑ needs to hold the 50 day so there are ways to (Cheat the stop loss).

The weekly is a nice retest.

Small losers, big winners.

Enjoy your Friday, I am not super eager to jump into anything but beautiful action on shy/hyg as it rejected the 21 EMA.

Leading sectors, notice uranium moving up.

Biggest movers, from the past month.