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Trade Review URG 2/4/2011
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K, based on the last vids I have the following observations and ?s. With $URG being a momo stock it now has resistance at 3.32ish. Friday was a prett good day but the 20 mins of Friday it sold off 5 cents or so but the volume in this time frame was heavier than rest of day and mostly negative. So…
1. if we have rotation into metals sector on Monday
2.market not over reacting to the Egypt news
3. poz vol and a break above 3.32ish
Would you take a position in $URG?
Also, It would be great to have the short list of MOMO stocks
Thx
Wideglide
From about 3:45pm to close