Apr. 9 at 5:10 PM
$URG
Observation:
When a stock's 20-day Exponential Moving Average (EMA), 100-day Simple Moving Average (SMA), and 200-day SMA all converge at the same price level, it indicates a highly compressed, low-volatility, sideways market.
Major Support/Resistance Level: The price level where these three averages intersect acts as a critical support or resistance point. Breaking above this convergence is considered bullish, while breaking below is bearish.
There are Too Many catalysts for URG imo. Shirley Basin expansion, Active Domestic Uranium supplier, Recent insider purchases… Spot price of Uranium is in an ascending period…It’s BULLISH…
Paytience 💰 wins…HOLD.