NFTRH Update, URG Trade (+18%)

Uranium prospect UR-Energy is up 17+% today.  I had noted that the position was increased on a down day recently.  I am using today’s pop to take a partial profit of about 18% in the form of those extra shares as URG bounces to short term resistance.  I may also take the remainder of the profit before day’s end or tomorrow.  I have not decided on that yet.

urg.day

The weekly view shows that this is a long term resistance area as well.  So anyone who may have bought this stock as a trade might consider a roughly 18% profit as a good play and move on.

urg.wk

The bowl is still intact on the weekly, however.  This could be of interest to longer term players.

[edit]  On quick look it looks like a pump piece may have driven it up.  That’s a sell for me.