Stock Chart Analysis URZ

Posted by downtowntrader | 7/05/2007 10:13:00 PM | 0 comments »

Stock Chart Analysis URZ

Uranerz Energy Corp. (Public, AMEX:URZ)

URZ is a chart I was following a couple months ago until it fell into a correction. It appears that the correction may be close to an end as it has pulled back to a previous breakout area and is starting to find some support. This may be a good spot to get in early with a stop under the recent lows if the timing is wrong. This play may take a while, but if it sets a new low here, it should eventually make new highs and head towards the $9 or $10 area.

Good Trading,


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