As I posted the previous chart, FCUUF broke the horizontal resistance.
Broken diagonal, horizontal resistance still in play. FCUUF has been strong will likely see follow-through.
At first I drew the lower diagonal and was like s**t it’s going to drop, but then I realized I needed to draw the upper diagonal that it broke and basically retested. Phew! Looking good ;-)
Uranium, the chart. All pointing up as long as the overall market doesn’t drop like a rock
retested downtrend support, broke and retested new downtrend support. NOT financial advice
Broken above flag pattern after a false break below. I'm long here