$URA = Weekly Update = 16.05.2022 #URA #commodities #ElliottWave #uranium #energy

On May 12th #URA stopped at $18.60, only 10 pips above the target zone projected on April 19th when $URA was $26.86. The move represented a 30.7% fall after the call and I hope you benefitted from it.

Today $URA made several important signals that I would like to discuss them from the perspective of the next moves and their probabilities.

This post is part of the Weekly Analyses series that @InvestingAngles offers. The series covers the US and global major indices; VIX, DXY, commodities and miners, crypto, and some large cap stocks.

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– Elliott Wave perspectives;
– weekly and daily candles and TA.

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Let’s quickly have a look at the perspectives.

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