Long time no see Uranium, but it's trading as expected. After we noticed a completed five-wave cycle from the lows as part of the first leg A/1, we can now see it moving in an a-b-c corrective decline within a higher degree wave B/2, where waves »b« and »c« are still missing. So, be aware of a deeper corrective decline, ideally back to 14-12 support zone around important 61,8% Fibo. retracement before we will see a bullish continuation for wave C/3.
URANIUM Daily Elliott Wave Analysis Chart,/b>
