URU Metals - URU

uru metals daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...nMp7ULdUUXlrwJKStAE=

one to watch for possible blast of setup.

Need break and close on eod basis above the trendline and 20 day ema line currently at 1.25p.
no jumping gun, dangerous stock, could go go lower if it fails.

atb, wdik, dyor,
trendfriend

closed at 4p this am....

will see how it goes here, could go higher, possibly another bull flag around this 4p area......so may buy back in later....

atb, wdik, dyor,
trendfriend.

Up 58% so far today, and rising!!

Anyone else catch this??

Hit the first target of 4p, i'm holding out for the secondary target of 4.5p.....lets see....

atb, wdik, dyor
trendfriend

uru daily.


Thanks for the post RC, and its reminders like this, that help to keep my feet on the ground.....

I'am a quite aggressive at times in trades, and this will mean not all trades should be followed, everyone here should know the risk with AIM, and penny shares in particular imvho.....

I put a relatively small amount on these, always with a stop in place.....
Admittedly i don't keep tabs on the fundamentals...... sometimes that works for you, at times against....
I have bought a few of these, and made a good profit on 4 so far , and lost on 1, from 5 trades that come to mind......
For URU, that to me, looks like a good bull flag breakout.......and possible 4p/4.5p area target imvho....

atb, wdik, dyor,
trendfriend

Hi TF

Be cautious trading this and just be mindful of a few things

1. this has risen 287% since 1st of Jan (shares cant just keep going up!)
2. Its an exploration company - it had a recent placing at 0.45 pence a share on 10/01/2017 - its not producing and there is no cash flow
3. Cant see a bull flag or a breakout on the daily chart - however there is a pin bar formed on 3/2/17 which suggest exhaustion

I would only be comfortable with a long position on a robust breakout of pin bar high - which sits at 2.591

Good Luck with your trade

URU daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...evwWXab/uhMvsS0IYCc=

nope, i have never heard of them as well!!
Come across this via another forum.....looks like a perfect bull flag breakout taking place, so i'm long at 2.40p

Cautious traders may want to wait for a break baove 2.5p....
stops at 2p for now.

atb, wdik, dyor.
trendfriend