OTCQB:UEXCF - Post by User
Post by
Goldfingerron Mar 22, 2010 7:37pm
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Post# 16911386
Have a good look at UEX chart.
Have a good look at UEX chart.That is what a bottom looks like. The sellers have all gotten out on Friday and have today been replaced by buyers today. It could also have been some pros running the stops. It is all the same anyway.
Technically the RSI dropped below 30 and the ADX line broke above 40. Usually a very good sign of being oversold.
Furthermore it looks like the U308 price has bottomed.
Knowing that the economy is still kind of fragile this looks like a speculative buy IMHO.
Do your own DD of course I don't recommend anybody get into the market unless you can handle watching your investments 24-7.