Stock Chart Analysis URRE

Posted by downtowntrader | 12/06/2007 08:47:00 PM | 0 comments »

Stock Chart Analysis URRE

Uranium Resources, Inc. (Public, NASDAQ:URRE)

Metals reversed off their lows this morning and had a very strong session at an important area in their charts. While I'm a little nervous about the general markets after their quick rebounds over the past week, metals look like they are just starting to resume their uptrends. URRE is a chart that is looking pretty decent with it just a couple of points from all time highs. It recently cleared a large base and has come back to retest the breakout area. If it holds this area then a reasonable target is near 18-19.

Good Trading,


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