Chart says to me to hold off buying for a short while ... 2 down bars, friday & today, indicate profit-taking after the strong rise. Might be another one tomorow. All the while considiation (breather) taking place, which is healthy.
If I wanted to take a position in UKL, I would wait till a base is formed. There is quite a bit of interest in UKL now & heaps to come in 2007, so I expect that we will soon see buyers come back into US uranium stocks like UKL & BLR. Then get in on your next buy signal.
all the best
UKL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held