OMG!!!........URA went from $9.15 to $9.25 so far today. It has gotton waaaaayyy overbought! Better SELL SELL SELL!!!
For some reason they changed the headline to............."Opinion: The Fed’s unwillingness to raise rates will finally boost gold." I guess even they changed their mind about uranium....LOL!
Hold on!! That kind of action is not good on a day when the major averages were up 1% or better. And URA did close today near its session low. Not a good feeling for me!!
I guess URA peaked at $12.10 and was overbought back on April 28 despite at that point it being down nearly 80% from 5 years ago!! How pitiful!! Will no doubt deteriorate further to under $10, probably today!!!...........
We're just waiting for the long time steep downward spiral in share price to finally reverse and stay in an upward slope!!